Referencing
In order to apply for one of our properties, you would need to complete an online application form and provide the following information and documents:
- Photographic I.D (passport / driving licence
- Proof of residency (utility bill/bank statements)
- Salary & employment confirmation
- Current and previous landlord/agents details
- Possible guarantor details
- Possible account details
- Honesty of all information provided is imperative otherwise it will affect your application.
Tenancy agreement
Landlords, tenants and guarantors are all required to digitally sign tenancy agreements prior to commencement of the tenancy, the agreement outlines all parties’ obligations.
Usually most tenancies are for a 6 month term to begin with and can later be renewed either on a monthly periodic lease or for a further 6 or 12 month period.
Payments
Relevant letting fees and tenant protection information – As well as paying the monthly rent, you may also be required to make the following permitted payments. All payments are incl of VAT.
Before the tenancy starts (payable to Grosvenor Properties (UK) Ltd ‘the Agent’)
Initial Holding Deposit: 1 week’s rent
Then once referencing is complete and your application is accepted a Deposit: 5 weeks’ rent 1st months rent due in cleared funds at least 48 hours before tenancy start date.
N.B. The Initial holding deposit can be transferred to the deposit this meaning that a 4 week payment is due to make up the full 5 week deposit that is due.
During the tenancy (payable to the Agent)
Default Fees
Where rent is unpaid 14 days after it is due, interest at Bank of England Base rate plus 3% will be charged . You can be charged the cost the landlord has to pay his lender if a mortgage payment is missed.
Lost Keys – we will charge the actual cost of a replacement if you collect it at our office.If we have to meet you at the property we will charge our time at £15 per hour plus the cost of the lost key. If the key is lost outside of business hours you must contact an emergency locksmith and pay the cost yourself.