As properties become available our first action is to contact waiting tenants on our database. We also advertise on the best known property website - Rightmove - to reach the widest audience.
The majority of the properties we Let usually become available about a month or two before occupancy date and so there is plenty of time to complete referencing and finalise arrangements.
All viewings will be accompanied by a member of our staff who will be able to provide advice and answer any questions you may have. Please try to give us 24hrs notice before viewing to allow us time to make arrangements with current occupants. If a property is vacant we will usually be able to arrange a viewing for you on the same day.
Deciding to rent a property
Having decided on a property we will then ask you to complete an application form online. At this time any details or requirements can be provisionally agreed such as occupancy date, duration of the tenancy etc…
On application, a Reservation Deposit will be required (£350). Assuming the rental proceeds, this will be deducted from the fees due before occupation. If we, or the Landlord, decline your application for valid reasons it will be refunded less the cost of referencing (£80 + VAT per adult). The Reservation Deposit will not be refunded if you decide not to proceed with the tenancy for any reason, or if the tenancy fails to proceed due to incomplete or inaccurate information provided in the application.
We use a professional referencing agency, Rent4Sure, who will take references on behalf of the landlord. Normally, these will include your employer and any former landlord and a character reference. A credit check will also be undertaken. If you are unable to meet the required income or credit checks we may consider a guarantor to underwrite any rent liabilities (similar references will be required for the guarantor for which there would be a further charge of £80 + VAT payable).
Rent and other commitments
Rent is calculated per calendar month (pcm) and paid on, or before, the first day of each month. In addition, tenants are responsible for paying Council Tax, Water Rates, Gas, Electricity and Telephone costs.
Rents are payable by Standing Order to the Wild & Lye Client Account with the first full month's rent, plus any part thereof, due before taking occupation of the property.
A security deposit is required prior to occupation and this will usually be equal to six week's rent unless otherwise stated. Where we are managing the property, this deposit will be forwarded to the Deposit Protection Service (DPS) in accordance with current law. When Wild & Lye are not managing the property, the deposit will be handled by the landlord and forwarded to a government authorised custodial body. It is the landlord’s responsibility to inform you which scheme is used.
The deposit is held to cover any breakages, damage, rent arrears or other tenant liabilities. When Wild & Lye are managing the property, at the end of the tenancy we will check the property in the presence of the tenant and assess any damages and deductions due if necessary.
Please note that the deposit cannot be used to pay any portion of the monthly rent.
Tenant referencing fees
A fee of £80 + VAT per adult (usually a maximum of two adults) will be required by Wild & Lye for the cost of tenant referencing. We do not charge tenants additional fees for check-ins, check-outs or general administration such as preparing or extending tenancy agreements.