PRESTIGE LETTING
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Tenant Guide

Information for Prospective Tenants

If you are seeking rented accomodation we can help you - and it will cost you less because our charge for Referencing, your share of Tenancy Agreement and Inventory and Check-in is only £100 VAT Free.

The following is an overview of our guidelines:

Viewings: we will arrange for you to view mostly at your convenience 7 days per week.

Most tenancies....are Assured Shorthold Tenancies which protects both Tenant and Landlord. You must carefully read the Tenancy Agreement. Tenancies are generally 6 or 12 months in length and usually Landlords will be willing to renew on a periodic tenancy basis.

Photo Identification....and proof of address is required to validate your identity and we need passport or driving licence and current bank statement, utility bill or tenancy agreement.

An application....and satisfactory references and credit report is required at the time we agree the details of your tenancy. We obtain the references and credit report. Once you have found a property that you wish to rent, a holding deposit of £100 is payable which is refunded against the cost of the 1st month's rent on commencement of your tenancy. However if you withdraw or your references or credit check prevent you being offered the property, the deposit will not be refunded. There is also a charge of £100 to cover the administration, referencing and cost of the tenancy agreement. 

A Guarantor...may be required if your credit or rental history does not meet the necessary criteria; or if your gross monthly income and that of other tenants to the property is less than 3 times the monthly rent. We will require the Guarantor to provide the same information as yourself for reference and credit purposes.

Rent is due....one month in advance and there is a Security Deposit against damage and other losses usually of one, or one and a half, month's rent plus £100. The Deposit is passed to the independent Government backed Deposit Protection Service and at the end of the tenancy is returned to you once Tenant and Landlord have agreed on the condition and how the deposit should be settled. There is no deduction for 'fair wear and tear' and at the beginning of the tenancy an inventory and schedule of condition is agreed and signed by Landlord and Tenant and the property compared to this document at the end of the tenancy.

There are other details and related matters in our Information Guide for Tenants...please ask for a copy.  

Contact us on 07764 776016 or jefftravis@prestigeletting.co.uk