Start your search
You will have an idea on your basic requirements: price, location, size and type of property etc.Make sure to work out your monthly expenditure. Remember, there are more than 4 weeks in a calendar month i.e. £200 per week x 52 weeks, divided by 12 = £866.67 per calendar month. You will also be responsible for paying Council Tax, Water Rates, Gas, Electric, Telephone and Broadband.
Our staff will listen to your requirements, which will give them a clear understanding of what you are looking for to avoid wasted trips to unsuitable properties. We can offer accompanied viewings to suit you, whether this is during the day, in your lunch break or on a Saturday.
Securing your property
Once you have identified the property you would like to rent we will submit your offer to the Landlord for consideration. We will require a reservation fee (equivalent to 1 month’s rent) subject to any conditions, which may have to be agreed with the landlord. Once the reservation fee is taken then the marketing of the property will be suspended whilst references are carried out. Should you withdraw from the application or if your application is unsuccessful due to false information the reservation fee will not be refunded. If you fail our referencing tests and enquiries, the reservation fee will be refunded less our reference and administration fees.
Referencing & fees
Real Estates charge a one-off Administration fee of £100 + VAT per tenant. This fee covers our costs in the referencing and administration of your application for the property you have chosen and must be paid before occupation of the property is taken. Each prospective tenant (over the age of 18 years) is vetted through Legal 4 Landlords: an independent referencing agency. Each tenant intending to live in the property must therefore complete a Legal 4 Landlords reference application form. This application form asks for personal information and is used to conduct a Credit Assessment. Before an application can proceed we also require a minimum of two forms of identification for each applicant:
Photo ID such as valid passport or EU driving licence
I Proof of address such as a utility bill, bank statement or Council Tax statement (no older than 3 months)
I Additionally, we ask you to provide copies of work permits and resident visas where appropriate
The reference/credit checks usually take 4-5 working days to be completed, but this timescale can vary. Our staff can email you the forms to complete and return or you can complete this process online on the Legal 4 Landlords website. A Tenancy application cannot proceed without a reservation fee, photo ID and proof of address.
Signing tenancy agreements
Once the references have been satisfactorily completed and approved by the Landlord, we will arrange for you to sign the Tenancy Agreements. This is usually on or before the commencement date of the tenancy. The Tenancy Agreement governs all rents, which is a legal and binding document. You will be committed to paying rent until the end of the agreed term and you could be liable to legal action if you break the terms of the agreement. If your circumstances should change for any reason during your tenancy, it is a good idea to tell your Landlord or Real Estates as soon as possible.
Before your tenancy begins, you will be required to pay the initial rental payment and deposit (the deposit is usually 6 weeks rent but this can vary). Any money payable to Real Estates must be paid in cleared funds (we cannot accept personal cheques). Usually the easiest and quickest method of payment is via CHAPS/BACS online payment.
When the paperwork has been completed and the deposit and initial rental payment has been paid, we will arrange to hand over the keys to your new home. Where possible, an independent inventory company is used at the beginning and end of our tenancies. A check-in is often carried out prior to you moving in to a property and again when you move out. The inventory is to record details of the condition of the property and fixtures, fittings and furnishings. The inventory check-in fee is paid for by the Landlord (the cost of the check-in will vary depending on the size and status of the property etc) and the Tenant would normally pay the inventory check-out.