Terms of Rental

In order to be considered as a tenant you must provide meet the minimum criteria for an applicant (please see below) and in order for us to verify that you meet the minimum criteria for an applicant, you must provide to us the below documents and information.

A completed application form
Proof of your income: e.g. Proof of Income Wage Slips & Bank Statements last 3 months
Photo ID, Proof of address (dated last 3 months)
Previous Landlord / Letting Agent Reference
Bank Statements dated last 3 months
Verify the Number of Applicants & Occupants

Everyone aged 18 and over who will be living in the property must go through the application process and be named on the tenancy agreement. We will need their name, contact number and email address

In applying for the property and providing your details, you give permission for your information to be verified by third parties and disclosed as detailed in your application process for the purpose of:

* Where relevant

*Performing a credit search by a third party agency

*Contacting current, previous employers and referees to confirm the details provided

*Fraud prevention, credit assessment

Please note: A completed application does not guarantee that you have been accepted as a tenant for the property, nor does paying a reservation fee guarantee you have been accepted as a tenant for the property.

Once you have provided to us the required documents, we will process your application, if you successfully pass the application process we will notify you by email or post only.

If you are happy to proceed with letting the property under the terms of the tenancy agreement (available on request) we will require you to pay the deposit to secure the property for yourself.

If you do not meet the minimum requirements as an applicant you may have an option of proceeding with the application with a Guarantor.

In this instance we will process your Guarantors application however, we will charge each Guarantor £90.00 to process their Guarantor application.

Initial rental payment,

If your entry date is on or after the 10th of the month we will work out the rent as a pro rata payment until the end of that month plus the rent for the following month e.g. Entry date is on the 11-03-19 you will be required to pay rent from 11-03-19 to 31-03-19 and also from 01-04-19 to 30-04-19. Your deposit will also be required in addition to this. If your entry date is before the 10th of the month you will only be required to make payment till the end of that month for your initial move in rental payment e.g. entry date is the 07-03-19, your initial rental payment will be from 07-03-19 to 31-03-19.

CANCELLATION TERMS

If you do not wish to continue with renting the property or application process after paying the deposit or reservation fee you will forfeit the deposit or reservation fee in full and no refund will be issued to you.

Standard Application Process (14 Working Days)

We will look to process and provide you with a response within 14 working days of receiving all of the required information to process the application from you.

Fast Track Application Process (4 Working Days)

We will look to process and provide you with a response within 4 working days of receiving all of the required information to process the application from you. The fast track application process is an optional service for those applicants that require a quick response. The Fast Track Application Process is a chargeable and non- refundable service at a cost of £39.00 per applicant.

Guarantor Application Process

We will look to process and provide your Guarantor with a response within 14 working days of receiving all of the required information to process their application. The Guarantor application process is an optional service for those applicants that do not meet the minimum criteria and want to continue their application with a Guarantor. The Guarantor Application Process is a non – refundable chargeable service at a cost of £90.00 per Guarantor application.

Both the Fast Track Service and processing a Guarantor Application are services that the Applicant will have opted for therefore the Cost of the Fast Track Service or the cost for processing a Guarantor Application will not be refundable.

Rent is payable in advance by Standing order only and in full from one bank account;

Rent Advance is payable to keep your rent account in credit.
The Reservation Fee or Deposit Payment if collected, will be credited towards the Deposit balance upon the applicant successfully passing the application process and payment towards deposit made.
False statements made could result in early termination of a tenancy under Schedule 2 part 1, ground 6 Housing Act 2001 (Scotland)
The pre-tenancy checks will be carried out by Central Letting Services and when required an approved credit reference agency in strictest confidence and on the basis of information supplied in the Application Form. All personal information supplied to the Landlord or Agent shall be kept secure at all times and shall be permanently and securely destroyed when no longer required.

What documents we accept and in what format as part of your application

Personal Details

As part of our tenant assessment we will usually ask for the following information:

Applicant name and 3 years address history (Originals to be provided for documentary proof)
Date of birth
Occupation

Giving Us Proof

To Confirm your Name

Current full signed passport

Current UK photo card driving licence (full or provisional)

Residence Permit (issued by the Home Office to EU Nationals)

To Confirm Address

A recent (no older than 3 months) gas, electric, water, bill

A council tax bill showing your name and current address

A copy of your current Tenancy Agreement showing property address and the names of all the occupiers and start dates.

Please note that bank, building society, credit card or store card statements cannot be used to prove either your name or address.

To Confirm your Income

P60 Current (Preferred),

Self-Assessment Tax Calculation forms (SA302), (SA302s can be requested from the HMRC or via an online HMRC account)

Wage Slips (last 3 months)

If you do not have the originals please have the document Certified by a solicitor, accountant, bank manager or doctor

Please Note: Certified means that the name of a solicitor, accountant, bank manager or doctor must be printed on the copy document. It must be signed by that person and their address must also be placed on that document.

Please Note that you should not use the same document to confirm both name and address.

Minimum criteria for an applicant

Minimum annual income must be 30 x the monthly rent
Proof of income must be provided – P60 Current (Preferred), Wage Slips (last 3 months) or 3 years Self-Assessment Tax Calculation forms such as a SA302 (SA302s can be requested from the HMRC or via an online HMRC account)
If employed; must be in employment for at least one full year
Proof of address and Photo ID must be provided (Utility bill, Council tax bill, Passport or drivers licence – Originals must be seen)
Must have been resident in the UK for at least one year
Must not have any CCJ’s or bad debt
Must be over the age of 18

Minimum criteria for a Guarantor applicant

Minimum annual income must be 36 x the monthly rent
Proof of income must be provided – P60 Current (Preferred), Wage Slips (last 3 months) or 3 years Self-Assessment Tax Calculation forms (SA302) plus (SA302s can be requested from the HMRC or via an online HMRC account)
If employed must be in employment for at least one full year
Proof of address and Photo ID must be provided (Utility bill, Council tax bill, Passport or drivers licence – Originals must be seen)
Must be a UK resident (for at least 3 years)
Must not have any CCJ’s or bad debt
Cannot move into or live in the property they are the Guarantor for.
Must be over the age of 18