TENANTS

TENANTS

Why rent with us?

Seldons Estate Agents have many years of experience in letting property and our aim is for both our Tenants and Landlords to have an experience that's as smooth and stress-free as possible.  We aim to provide quality properties and services for our Tenants.

Application for a Tenancy/References
To help you eliminate unexpected surprises, we have outlined our process;

  • When you make an offer for tenancy of a suitable property, all prospective Tenants over the age of 18 years will need to complete reference forms and return them within 3 days. 
  • Using the information you provide, we will start the referencing process which takes between 2 and 5 working days, depending on referee responses.
  • In some cases a guarantor is required, we will need you to complete further forms.
PERMITTED PAYMENTS FOR TENANTS

The Tenant Fees Act prevents landlords and their agents from requiring, tenants to make any payment as a condition of granting, renewing or continuing a tenancy. Permitted payments are as follows:
  • Holding Deposit
    • A deposit equivalent to one week's rent will be required to hold the property, whilst refernecing/drawing up the Tenancy Agreement is underway.  The Holding Deposit is time-limited to 15 days. This is the period during which the application and Tenancy Agreement be completed but can extended with the agreement of all parties.  It is returnable if the landlord or we withdraw or when the tenant signs the Tenancy Agreement. In this instance it may be put towards the first month’s rent. We can keep the Holding Deposit if the tenant pulls out between offer and signature of the Tenancy Agreement or where the tenant fails the right to rent check or makes false or misleading statements on their Tenancy Application(e.g. not admitting to having a CCJ or overstating their earnings) or fails to complete the contract in the time prescribed expected to be 15 days (unless otherwise agreed).
  • Property Deposit
    • When we have completed the referencing process the deposit we will request a performance Deposit not exceeding 5 weeks rent at the commencement of your Tenancy. This is refunfable if eh property is returned in a satisfaoctory condition (allowing for fair wear and tear) at the end oyour Tenancy. All Deposits are protected under a Government approved scheme by Mydeposits
  • Rental Payment
    • We will request one month’s rent in advance at the start of your Tenancy and we will provide you with written notification of the rental payments bank account to make future payments into by standing order. You will need to ensure that rent has cleared into our account by the due date of the tenancy agreement otherwise a late charge will be applied (see below Payments in the event of a default)
    • If the property is not managed by Seldons Estate Agents Lettings, the name and address of the Landlord will be sent to you in writing, for any necessary contact.
  • Client Money Protection (CMP)
    • Keeping your money safe is important to us, which is why we are protected by the CMP, this scheme protects your money against theft or misappropriation.
  • Payments in the event of a default
    • The loss of a key to, or other security device giving access to, the property to which the tenancy relates - we can charge the cost of the key plus our reasonable costs.
    • Failure to make a payment of rent in full only before the end of 14 calendar days beginning with date the rent is due as written in the tenancy agreement. Landlords or letting agents can only charge 3% above Bank of England base rate in interest on the late payment of rent for each day that the payment is outstanding.​​​​​​​
  • Payment on Variation, assignment or replacing a party on a Tenancy
    • £60 (£50 + VAT) per request
  • Payment on early Termination of a Tenancy
    • Not to exceed the rent due for the remainder of the Fixed Term
  • Utility Bills etc
    • Utilities (electricity, gas or other fuel, water or sewage); television licence; telephone other than a mobile telephone; the internet; cable television, satellite television); Council Tax

Inventory and Schedule of Condition
This document will be used to verify the condition of the property when you vacate and can protect your deposit in the event of any dispute. For the duration of the tenancy, you will be responsible for the property, immediately reporting any damage or problems which may arise, to Seldons Estate Agents Lettings or the Landlord. When you leave the property, it's condition will be checked against the inventory. Any discrepancies will need to be rectified at your expense before the deposit or balance of it can be released.

We strongly advise that you take out your own Contents Insurance for the duration of your tenancy.

Utilities
You, the Tenant are responsible for paying all household utility bills for the duration of the tenancy.

General
These are guidelines - full Tenancy Guidelines and Agreements can be obtained from our office.
 Please ask us for a copy of the Government’s ‘How to Rent Guide’ if you would like further information
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