All prospective tenants are fully referenced by Homelet the longest established professional reference agency who will check the tenants identity, employment status,credit history and immigration status. Also they will gaina reference from a previous landlord if applicable. Onlytenants who pass our vigorous referencing checks andwho have been approved by the landlord will be offeredthe property.
This is a legally binding agreement, setting out the rights and obligations of both Landlord and Tenant. Most residential property is let on an Assured ShortholdTenancy (AST) for an initial fixed term of 6 or 12 months.We can advise on all options available to help youmake an informed decision on areas of responsibility,conditions of tenancy, how and when the rent willbe reviewed and notice terms. We will prepare allthe paperwork and draw up a comprehensive legal document for signing.
If we are fully managing your tenancy and rental property for you, then the tenancy agreement will include those activities we will be responsible for on your behalf.
A deposit is paid by the tenant at the start of a tenancy to safeguard against damage. Since April 2007, all new Assured Shorthold Tenancies must be registered with a government-backed tenancy deposit protection (TDP) scheme within 30 days of receipt of the deposit. If we are not providing our Fully Managed Letting Service to you, then you would need to register the deposit with a TDP scheme yourself. Landlords should be aware that there are significant penalties for failing to comply with deposit protection requirements.
We normally collect a deposit from the tenant which is equal to a minimum of five week's rent. Connor Prince is registered with My Deposits. We will register deposits on your behalf and liaise with their dispute service should the need arise at the end of a tenancy. We will also provide your tenant with the name and contact details of the TDP scheme and its dispute resolution service, which is a legal requirement.
You should provide at least one set of keys for each tenant. Where we will be managing the property for you, we will also require a full set which will be coded for security purposes. We can arrange to have duplicates cut.