TENANTS

Tenant Information

The details given below are for your guidance and information:

ADMINISTRATION FEE: Once you have viewed a property that you would like to consider for a tenancy, a fee of either £150.00 + VAT per person for a private let (if references have to be taken on more than two people there will be an additional charge of £70 + v.a.t. for each person) or £350.00 + VAT for a company let, will be required. The charge is levied towards costs for taking references and drawing up the tenancy agreement and legal notices. Please note this fee is non refundable should you wish to withdraw from the let or should we receive unsatisfactory references. If a guarantor is required, an additional sum of £65.00 + VAT will be required, prior to commencement of the tenancy for preparing the guarantor agreement.

HOLDING FEE: A holding fee of £200.00 (not subject to VAT) will be taken at the same time as the administration fee.
This is in order to reserve the property and remove it from our availability list. The holding fee will be taken off the first months rent or will be returned if insufficient references are obtained. The holding fee will not be returned if the tenants decided to withdraw from the application.

REFERENCES: An application form will be given to you. We require a minimum of three written references including one from your employer (including salary information) and one from your previous landlord together with a credit check. Homeowners will be required to provide their latest mortgage statement. Additional references may be required as necessary. Failure to supply the fully filled in application form along with any further, requested, information within 7 days of submitting the holding fee & admin.fee will result in the application being rejected and will result in forfeiture of both the holding fee and admin.fee. The referencing procedure normally takes three working days from receipt of the completed application form, depending on the time it takes your referees to respond.

DEPOSIT: The equivalent of between four to six weeks rent is required, payable by bankers draft or cash only which will be held by Surrey & Hants Limited as stakeholders. Your deposit will be protected under the Tenant Deposit Scheme and Surrey & Hants Ltd are members of the www.mydeposits.co.uk Alternatively, your deposit may be held by your landlord provided that your landlord is also a member of a government approved scheme such as The Dispute Service Ltd.. Provided there are no disputes over unfair wear and tear, damage or dirt, rent outstanding or unpaid utility bills, the deposit will be returned to the tenant at the end of the tenancy. Under no circumstances can the deposit be used as part or all of the last month's rent.

TENANCY AGREEMENT: A tenancy agreement will be drawn up for a minimum period of six months. The signing takes place at our office. You will then be given keys to the property together with information concerning the let, subject to the rent and deposit being obtained. Please note that all tenants named on the tenancy agreement must sign the necessary documentation along with any guarantor(s) before commencement of the tenancy and keys will not be released before this happens.

RENT: One month in advance, payable by bankers draft or debit card, for the first month only, then by monthly standing order from only one bank account. Please note that you will be required to complete a standing order form at the same time as the tenancy agreement and so it is imperative that you know which bank account you would like the rent to come from.

INSURANCE: It is a requirement that tenants insure their contents prior to commencement of the tenancy.

EXTENSION/RENEWAL: Should the tenants wish to extend the term of the original agreement or subsequent agreements there will be a charge of £65.00 + VAT to cover their share of the cost of preparing documentation for each and every extension or renewal.

CHECKOUT ADMINISTRATION: At the commencement of the tenancy you will be given a copy of an inventory, you are advised to thoroughly check it. On expiry of the tenancy the inventory will be checked. A charge of £50.00 + VAT will be payable by the tenants to cover their share of the cost of administration in terminating the agreement and arranging check-out.

If you have any queries please contact us

Please note: Prices must be checked with Surrey & Hants prior to entering into an agreement as prices may be subject to variation.