Private Rental Costs:
Renting private property can initially be expensive, however the benefits of having the experience of landlords who invest in such properties and an agent a phone call away ready to discuss any problems, makes the extra cost worthwhile in the long run.

Initial costs include credit and referencing, contract arrangement, your first months rent (All rent on private lettings is paid in advance on a per calendar month basis - Although some further arrangements can be made to suit) and also a security deposit usually equal to one months rent must be paid.

Our administration fee for our services is £180.00. This covers the cost of your credit and referencing checks, production of your tenancy agreement, setting up of your utilities (We'll forward upto date meter readings to the utility suppliers, along with forwarding details of the previous occupier and your contact details so accounts can be set up for you - You should however keep a check on the setup with each supplier yourself to ensure all the details have been collected correctly, we will tell you who supplies your property), and account setup within the database
Please note that the adminstration fee is used to pay for third party services and as such is non refundable if your application fails.

All rentals on private property are paid in advance, for example , if you tenancy starts on the 25th May, you pay from this date upto the 24th June, on the 25th of June your rent for June - July would be due. Your rent is due each month on the same day. If necessary we can make alternate arrangements to suit paydates etc, contact us to dicuss this option.

Unlike Local Council properties, you are required to pay a security deposit on private rentals. This is usually no less than one months rent, and can in some cases be more. Details of the security deposit or bond will be displayed on all advertising of the property.

The deposit is a safe guard for the landlord in the event of damage caused by the tenant or rent arrears, however it is paid back in full or part payment at the end of the tenancy dependant on any agreed amounts to be forwarded to the landlord for repairs or to cover outstanding rent.

The deposit is entered into the Deposit Protection Service's database and the money held by them during your tenancy. It is a legal requirement since April 6th 2007 that all landlords and agents are affiliated to one of two types of deposit protection scheme to safe gaurd deposits for tenants.

At the end of the term, when the deposit is to be paid back, details of any damage or outstanding rent is given the DPS, if all is agreed between landlord/agent and tenant the amounts are paid directly by them to all parties.
If a disagreement about damages or rent arrears arises, the DPS will appoint an independant arbitratour to resolve the issues.

In most cases the contract you will have will be an Assured Short Hold Tenancy (AST). This type of contract, provided the terms are adered to, gives the tenant a term of no less than 6 months in the property, this however can be longer, upto 24 months at a time.

These contracts are generally fixed term contracts, which at the end of each term, require renewal. In order to renew a contract for a further term, we will ask to visit the property to inspect its condition, report this information back to the landlord along with the term requested by the tenant, and if given approval, will produce and extension document for your contract.

The cost for this is £100.00 and is payable up front once the inspection is completed and approval has been given by the landlord

To see our available properties check Here, or for further information, contacts us either by email or through our information request system, or simply call us on 01384 827748 or 412405 and we'll be happy to answer any questions you may have.