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Terms & Conditions-
A
completed reservation form and fee holds an apartment for up to 14 days. -
Fees
– £200 towards your security deposit and non-refundable
administration fees. If you reserve an apartment and choose not to
progress the fee of
£200 is non-refundable. If we advise that you cannot progress
due to credit reference results then the £200 is refundable. - Admin fee - Individual £55 - 2 Sharers £80 - 3 Sharers £90 -
Your
application is credit scored and usually takes 2 – 3 days to process
and draw up leases. -
Leases
are short assured tenancy agreements. -
Corporate
leases available. -
Periods
of lease are from 1 to 12 months with the option to renew. Ask for
rates. -
A
deposit equivalent to 6 weeks rent is payable at or before the date of
entry. -
Rent
is payable on the 1st day of each calendar month and must be
paid by standing order. -
All
electricity, gas, telephone, TV licence and other utility charges are
payable by the tenant. -
Council
tax is payable by the tenant except in short term leases where the rent
includes council tax. -
No pets. -
No students.
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The Reservation ProcedureTo reserve a property, there is a reservation fee of £200
+ a non-refundable administration fee of £55
(£55 charged for 1 person or
a married couple, £80 for
two sharers and £90 for 3 sharers). Having viewed a property and decided this is where
you would like to live, we ask that you complete a reservation agreement
form. This will enable us to
process a credit check. To
do this we require details including: ·
Telephone
number (daytime contact no.) ·
Previous
addresses in the ·
Bank
details - Bank name & address, sort code & account number and
how long you have been a customer with the bank. ·
Occupation
& salary, how long have you been employed with your current employer
(if less than three years - your previous employment details will be
required). ·
Proof
of income - three monthly wage slips or a letter from your employer
confirming your annual salary (if self-employed - we will require either
three years registered accounts, a copy of current contracts or an
accountants reference). ·
You
must have a clean credit record with no C.C.J's. ·
A
household income that should be 3 times the annual rent of the property. In some circumstances, you the customer may require a
guarantor. The guarantor
will need to provide the information listed in the box above.
However, they will need to earn a household income of 4 times the
annual rent of the property. After your Application for Tenancy has been processed
we will require 6 weeks rent to be held as a deposit against the
property. The £200
reservation fee will be deducted from this figure.
We will also require rent in advance that will be equivalent to
the number of days remaining in the month from your date of entry.
Your rent is due on the first of every month by standing order,
if you choose not to pay by standing order then a deposit of 2 months
rent will be due. The reservation process normally takes between 3 - 5 working days.
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