Executive Accommodation
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The Letting Process ? from viewing to moving in
STEP 1: Reservation of the property
You will need to pay a reservation fee of £50 to reserve the property. This fee will be discounted from the first month?s rent, but is not refundable or transferable to any other property. We will not actively market the property whilst references are being taken.
Please note that this payment does not automatically mean that you will be moving in.
STEP 2: Application Forms
You will be asked to complete the following to enable us to take up references:
1. Fill-in a Tenant Reference Form (and Guarantor Form if necessary);
2. Pay the reference fee of £24.68;
3. Fill-in and sign the Reservation Form;
4. Provide two forms of identification, including one with a photo and one with your current address on.
STEP 3: References
Credit and reference checks are carried out; your application is then either approved or denied. If it is denied we will return your £50 reservation fee to you. This is done within no more than 2 working days of us receiving the forms from you.
STEP 4: Tenancy Agreement
The Tenancy Agreement will be prepared the same day as the referencing is approved, with the names and dates corresponding to the information that you have given. You will be notified on same day that the tenancy agreement is ready. We will need you to come into the office to sign the tenancy agreement and pay the full deposit within 3 working days of being notified. You will also be required to fill-in a standing order mandate for payment of rent. Unless prior agreement has been made to the contrary, the property will be remarketed if the tenancy agreement has not been signed and the deposit has not been paid within this time.
As rent is paid in advance you will be required to pay the first months rent on the day the tenancy starts; if you wish to pay by cheque we will require the cheque 5 working days prior to the start date, to allow funds to clear, otherwise cash or a banker?s draft will be accepted on the tenancy start date.
STEP 5: Keys, Move in and check Inventory
ALL DOCUMENTATION AND PAYMENTS MUST BE FULLY COMPLETED BY ALL TENANT(S) PRIOR TO SIGNING THE TENANCY AGREEMENT AND FIRST MONTHS RENT PAID PRIOR TO ANY KEYS BEING RELEASED FOR THE PROPERTY!
All keys for the property will be handed over to the tenants at the check-in inspection on the date that the tenancy starts. At the check-in you will be shown how everything in the property works and asked to check and sign the inventory. If all of the tenants are not there then the person(s) that is/are there must be able to sign for the condition of the property/inventory on the absent persons behalf.
How long is the lease?
All leases are ?Short Assured Tenancy Contracts?.
What does that mean? Well, the clue is in the question and it means that your ?tenancy? is ?assured? under ?contract? and is for a set period of time that is reasonably ?short?. ?Short? means that the lease is for at least 6 months but cannot be any longer than 12 months.
Once you and the landlord have both signed the agreement then you are legally bound to pay the agreed rent for the property until the end of the tenancy, even if you choose to move out of it early! It also means however that you are entitled to live at the property for the duration of the lease and the landlord cannot sell it, move back in or make you leave. So long as you?re looking after it and paying the rent!
If you wish to stay at the property longer than the tenancy agreement, with the agreement of the landlord it will roll into a periodic tenancy agreement. When you wish to give notice you will be required to give one months notice that will run from the rent date; i.e. if your tenancy started on the 4th of the month (this is your rent date), you will have to give notice by the 3rd of the month prior to moving out.










