In a fiercely competitive market – where tenants currently outweigh properties by six to one! – it’s essential that you stand out from other candidates. In order to get a head start and, more importantly, avoid a last minute panic once you’ve found the perfect home, we recommend considering the following:
When putting yourself in the shop window, you’ll have to make a good impression, quickly. The following references are essential:
* An employer reference on company-headed paper stating what you do, how long you’ve done it for, and your salary. If you’re self employed, just bring an accountant’s reference
* A current Landlord reference stating where you’ve lived, your payment history and how well you’ve treated the property. Go back at least twelve months!
Remember, many landlords won’t accept an offer on a property unless this information is in place, so it’s well worth having it with you on your viewings.
The move-in monies are the funds you will need to secure a property. These comprise your first month’s rent, a one month deposit* and an administration fee of £250 (per property, not per tenant). These monies are due in full upon signing the tenancy agreement. In some instances, a Landlord may agree to stop marketing a property upon payment of the administration fee, however, this does not guarantee the property has been secured. Only once the tenancy agreement has been signed by both parties and we have received all of the move-in monies in cleared funds will the property be considered “let”.
Once you’ve put that money to one side, have a think about how to pay it. Jackson Pyne will accept payment in cash**, bankers draft or CHAPS transfer. Note that with a transfer, we must allow several days before acknowledging any payment as cleared funds.
*a deposit is typically equivalent to one and a half month’s rent.
**a handling fee of 1% is charged for any payments received in cash.