Things to consider before renting a property

Budget – Consider the affordability of the rent and don’t forget to add the cost of utilities such as electric, gas or oil, water and the council tax into the equation.

Requirements – What do you need from the property, number of bedrooms, parking, garden, work from home space etc.

Area – proximity to services, schools, work, shopping and leisure facilities.

Pets - Best to check this first as some landlords will not allow pets at their property.

Employment – employment status will form part of the referencing process so a contact name or HR department contact will speed up the process or if self employed your accountants contact details is usually required.

Referencing - You will need id, details of your employers, bank details & previous addresses in order for us to process an application.

Deposit & fees – A holding deposit of 1 weeks rent is required once referencing is processed to secure the property. At the commencement of the tenancy a total deposit of 5 weeks rent is held in an independent deposit protection scheme until the tenancy is terminated.

Tenancy agreement - An agreement is usually for an initial term of 6 months based on an assured shorthold tenancy basis but can be longer by arrangement.

Signing tenancy & schedule of condition – A date is agreed to commence the tenancy and the initial first months rent is paid in advance. A direct debit should be set up for the ongoing rent.

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