About Wild & Lye Property Sales Property Lettings
Information for Tenants
FINDING A PROPERTY
As properties become available, our first action is to contact waiting Tenants on our database. Properties to rent usually become available about two months before occupancy date and so it’s advisable to start looking as early as possible.
VIEWINGS
Having identified a potentially suitable property for you, we will arrange a viewing. 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.
OFFER / APPLICATION
Having decided on a property, you will need to complete a written application form. At this time any details or requirements can be provisionally agreed, such as occupancy date, duration of the letting, etc…
On application, a Reservation Deposit will be required (currently £250). Assuming the rental proceeds, this will be deducted from the fees due before occupation as detailed in the Administration/Agency Fees (at the end of this leaflet). If we or the Landlord decline your application for valid reasons it will be refunded less the cost of tenant referencing (currently £40 per person). 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 tenancy application.
REFERENCES
We will take references on behalf of the Landlord. Normally these will include your employer, any former landlord and a character reference. In addition a credit check will be undertaken. Where a Tenant is unable to meet the required income or credit checks, the Tenant may have a Guarantor agree to underwrite any rent liabilities (similar references will be required for the Guarantor for which there would be a further charge payable by the Tenant).
RENT
Rents are quoted on a calendar month basis (pcm). In addition, the Tenant is responsible for Council Tax, Water Rates, Gas, Electricity and Telephone costs.
Rents are payable by standing order (unless alternative arrangements are agreed in advance) to our Company bank account monthly in advance, with the first month's rent due before taking occupation of the premises.
DEPOSIT
A deposit (or 'bond') is required prior to occupation and this will be equal to one month's rent unless otherwise stated. Where we are managing the property, this deposit will be forwarded to the Deposit Protection Service in accordance with current law. Where we are not managing the property, the Tenancy Deposit will be handled by the Landlord and forwarded to a government authorised custodial body. It is the Landlord’s responsibility to inform you in writing of which scheme is used.
The deposit is held to cover any breakages, damage, rent arrears or other tenant liabilities. Where we are managing, at the end of the tenancy we will check the property in the presence of the Tenant and assess any damages and deductions due.
Please note that the deposit cannot be used by the Tenant to cover rent.
AGENCY FEES
All fees are subject to VAT at the prevailing rate
A fee of £40 will be required by Wild & Lye for the cost of referencing a Tenant.
Open Monday to Friday 8:30am until 5:30pm. Saturday 8:45am until 12pm. Outside of office hours telephone number 07879 494 751
Tel: 01225 443322 | Fax: 01225 780288 | 28-29 Bathwick Street, Bath BA2 6NZ
