INFORMATION FOR TENANTS
Home Estate will guide you through your rental experience, from the very beginning to the very end. Using our expert knowledge in the local rental markets, whether you want to rent a two bedroom house, flat or shared house, we’ll be able to find just what you are looking for.
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• An application is subject to the landlord’s acceptance, the landlord and letting agent being given vacant possession of the property and the following conditions: If more than one tenant applies for the same property we will tell the landlord about all applications. The landlord will decide which application he wants to proceed with. All application forms must be completed in full and submitted online and /or returned to Home Estate within 72hours.
• Once a tenant has viewed a property and this wish to proceed a reservation fee of £150 incl of VAT, is paid to remove the property from the market (this is refunded at the end if all referencing is passed).
• Every tenant over 18 who will be living at the property must pay a sum of £85.00 incl of VAT for their own referencing. There is an additional administration charge of £140.00 incl of VAT per tenancy. The referencing fee and administration fee are *non refundable and must be paid before we are able to remove the property from the market.
• It is a tenants responsibility to chase their references through, should there be a delay caused by their employer or landlord not providing them with a reference. If tenants references are not returned by their employer or previous landlord, or are not completed within 7 working days, then it shall be deemed that the tenant has withdrawn from the application.
• A non refundable pet charge may apply (landlords decision) . This sum will be used at the end of the tenancy for the treatment of carpets etc. The tenant is still responsible for leaving the carpets clean and undamaged.
• If the referencing agency asks a tenant to provide a guarantor, for whatever reason, a guarantor must be provided. (failure to do so will result in the forfeiture of your reservation fee) If a guarantor is required the referencing fee for each guarantor required is £85.00 incl VAT. Please note a guarantor will not pass the referencing if he has any adverse credit. Guarantors have to be in full time employment and earn a minimum of 3 times the sum of the yearly rent. A guarantor must be able to travel to our office and sign any needed paperwork at the commencement of the tenancy. All parties to the agreement (including guarantors) must be present when signing the tenancy agreement.
• A deposit is required which will be equal to a sum equivalent to a figure between one and two months’ rent. All deposits must now be safeguarded in a scheme approved by the Government. If we manage the property we will use the Deposit Protection Service (www.depositprotection.com). If the landlord is managing the property themselves then they will provide you with details of the scheme. All deposit returns will be in line with the deposit holders Terms and Conditions and the landlords approval.
• Tenants are advised to insure their liabilities for accidental damage to the landlords property /possessions.
• All renewed agreements are chargeable at a cost of £40.00 incl of VAT.
•Rent is to be paid monthly in advance commencing on the first day of the tenancy and monthly thereafter. Standing orders should be set up to leave the tenants account 3 days before the actual rent date.
• The tenant will pay the first month’s rent, deposit and administration charges by either cash, building society cheque or bankers draft.
•PERSONAL CHEQUES AND CREDIT CARDS ARE NOT ACCEPTED.
• The tenant is responsible for Council tax, Water Rates, Electricity, Gas, Telephone etc. The tenant MUST contact the suppliers of these services BEFORE the commencement of the tenancy to ensure continuity of supply. (Please note that most suppliers will require at least 3 working days notice to reconnect a supply, or to re-set a key meter to zero. If you give a supplier less notice than this they will usually make a charge to you. We are not able to hand over the keys to a property before your tenancy has commenced).
• We reserve the right to notify utility companies, the local authority, other organisations and companies of the commencement/termination dates of the tenancy.
• Tenants will be charged a fee of £20.00 incl of VAT for any cheques not honoured or that are represented.
•If the tenant is late paying the rent a fee will be charged of £20.00 incl of VAT for every phone call and letter written by Home Estate for chasing the same. The tenant will also be liable for all costs incurred by the landlord as a result of late payment of rent.
• Should a tenant need to be taken to court and an agent from Home Estate is asked to attend a charge will be made to the tenant of £40.00 per hour incl of VAT. Verbal references for tenants will be given free of charge (providing the tenant has given us authority to give this reference). Written references are chargeable at a rate of £20.00 incl of VAT.
• If a tenant fails to return their application forms within 72hrs OR cannot provide a guarantor OR fails the referencing due to poor references or undisclosed bad credit OR decides not to proceed with the application OR despite repeated requests can not obtain a reference from his employer or landlord, the referencing fees and reservation fee shall be forfeited in favour of Home Estate.
•A tenant will be responsible for costs incurred by contractors, if an appointment is booked and confirmed and then the tenant is not at home at the agreed date and time.
• All rents paid to Home Estate will be paid on to the landlord – this includes payments of rent paid in advance (ie 6 or 12 months rent in advance etc).
• If a tenant needs to change the move in date, the landlord can decide to no longer accept the tenant due to extra loss of rent. On this basis a tenant will lose his/hers referencing and reservation fee plus any addition fees paid. If the landlord is still happy to proceed a charge will be made for a new set of contracts at a cost of £40.00
• The application for a property in no way binds the Landlord to an Agreement. All applications are strictly subject to contract.
CHARGES TO TENANTS (all inclusive of VAT)
Referencing Fee Per Tenant over 18:
Fee for each Guarantor:
Altering the dates on a tenancy agreement after a move in date has been agreed:
Late Payment Fee:
Court attendance by Home Estate on behalf of Landlord
for breach of tenancy by tenant:
£40.00 per hour
Cheques not honoured or represented (charged per cheque):
Written references (charged per reference):
Failure of tenant to honour a confirmed appointment
by a contractor acting on behalf of the landlord:
Charged for one hours labour at the contractors standard
rate Plus VAT
IDENTIFICATION/PROOF OF RESIDENCY
All tenants must show proof of address (one form from the list below). We must see ORIGINIALS – Not photo copies:
A driving licence showing the current address (including provisional).
A recent utility bill (dated within the last 3 months) – water, gas, electric, phone bill (not mobile phone)
A recent council tax bill showing the applicants name and current address (this will only be accepted until the end of June each year)
Recent documentation confirming that the applicant is/will be in receipt of housing benefits.
Letter from the Employer on headed paper, signed and dated. This should state the address the Employer has knew the applicant to reside at, with the letter also addressed to the applicant.
Home owners current household insurance policy schedule.
Recent home service provider bill.
Current TV Licence
Current tenancy agreement signed and dated within the last 6 months (the applicant must be named as a tenant)
Photo identification is needed for every person over 18 moving into the property, this can be a photo driving license or passport.
We must see your VISA if you have one.STUDENTS:We must have proof of your student status – either a copy of your student card or a letter from your university confirming that you have been offered a place / are attending.No other form of identification can be accepted. – If you do not have the correct form of identification we can not rent to you
From time to time a guarantor will be required by the referencing agency. A guarantor is usually required if:
The tenants’ income falls short of the referencing agency’s criteria.
The tenant has not been continuously employed for the past 18 months.
The tenant has been working abroad in the previous 6 months.
The referencing agency deems the tenants’ employment changeable.This list is not exhaustive.The guarantor must meet the same criteria as the tenant (i.e. No adverse credit, be in full time employment etc). The guarantor must earn the equivalent of 3 times the yearly sum of the rent. (If the tenant is renting with a partner this multiple may be lower, please speak to our office if this is the case)The referencing agency is at liberty to request a guarantor for any application submitted. All tenants should be able to provide a guarantor. If the referencing agency request a guarantor and the tenant can not provide one the agency will decide that the tenant has withdrawn their application. The tenant will therefore forfeit their reservation fee.
If your rental property has a key meter you may need to contact the existing supplier before you move into the property to ensure the account is set to zero. Please be aware that the suppliers usually require at least 3 working days notice to reconnect a supply, or to re-set a key meter to zero. We are not able to hand over the keys to the property before your tenancy has commenced.
HOW TO MAKE PAYMENT TO US
We accept payment by cheque – made payable to‘Home Estate’ Or we can be paid by BACS
Please call for our account details
Reference: Your own surname / Property address
(the reference is extremely important)
Sorry but we can not accept payment by credit or debit card
IMPORTANT: If you are making a payment to move in to a property then cheques and bank transfers must be paid / transferred a minimum of 7 working days before your move in date.