•Previous Landlord (if applicable)
•Guarantor (if applicable)
The government has awarded contracts to three companies to run tenancy deposit protection schemes:
The first month’s rental is collected in advance. It will be up to the Landlord to collect any future rents from the Tenant if we are providing a Letting only service.
If you chose the Management services the rent is paid into your Bank Account or forwarded onto you within ten working days each time the rental is paid by the Tenant.
The Agreement will include comprehensive terms for the Tenants to adhere to. Under the Housing Act 1988 (amended 1996) an Assured Shorthold Tenancy will be used, except in cases of a company let then the relevant company Agreement will be drafted as with an Assured tenancy. The Standard Notice for repossession will also be drafted to bring the tenancy to an end at the expiry.
The Tenants deposit will be held against any damages or excess wear and tear shown against the inventory.
The inventory can be provided by the Landlord or by us. Further detail of this service is provided in our Terms of Business.