Advice to Tenants
Whether you have rented before or this is your first time we would refer you to our tenants guide to renting which is a comprehensive guide to all you need to know - a copy is available from our offices in Barnet.
How Much Do I Need to Earn to be Considered for the Property
You are required to be employed or self employed with a regular verifiable income. You must earn either on your own, or jointly at least 30 times the monthly rent of the property you choose to commit to.
Agreeing the Let
As soon as your offer has been accepted by the Landlord, we will apply for references and draw up the relevant documentation which will form the basis of the agreement between you and the Landlord.
Joint & Several Liability & What it Means
One or more tenants is legally referred to as ‘Joint and Several Liability” which means that jointly all the tenants entering into an agreement together are acting on behalf of each other and are liable for the rent commitments and any costs arising during a tenancy.
Identification / Proof of Residency
All tenants must show proof of address. All of the following forms of identification are required: Should you have a problem providing identification or proof of residency please contact us on: 0208 441 6969.
- Passport and or photo UK Driving Licence
- Wage slips (at least 2, most recent) or
- If self-employed Inland Revenue verification of Tax paid for previous 2 years
- Most recent bank statements (at least 2 – less than 3 months old)
- Proof of residency such as a Council Tax bill (for stated address)
An appointment will be arranged with you to visit our offices to sign the Tenancy Agreement when all references have been received. The Landlord will also be asked to sign their copy of the document.
Rent & Deposit
Rent is payable monthly in advance and a delapidations deposit of 5 weeks is payable at the start of the tenancy. The deposit is held in a custodial or insured scheme.
Other Points of Interest:
The Tenant will be responsible for insuring their own possessions.
The Tenant will take over all utilities such as Gas, Electricity, Water/Sewage charges, Council Tax & Telephone.
The Letting Agent, whilst acting for the Landlord, operates within accepted guidelines in the industry to ensure that you are able to rely on a professional letting agent taking your concerns seriously and advising the Landlord if they are being unreasonable. In this regard, you should be assured that the property conforms to all safety regulations and is fairly priced.