Tenant’s Guide to Renting a Property
FINDING YOUR NEW HOME
Right at the start, it’s a good idea to make a list of the features you are looking for. Do you want a furnished or unfurnished home? How many bedrooms do you need? What transport links do you need to get to work? Is access to outside space a priority? And, most importantly of all, how much are you prepared to pay?
At this stage, it is a good idea to confirm any referees or guarantors you may need, to save any delay later.
Now that you have a clear idea of what you are looking for, take a look at for the finest selection of rental properties in Central London and call our team! We have our ear to the ground and frequently know of places about to become available.
TAKE A WALK AROUND
The next step is to get viewing. Your agent will take you around. Ask lots of questions – better to make everything clear sooner than later.
STATE YOUR INTEREST
When you see the property you would like, – make an offer. Your offer should include Your offer should include:
- The rent you are prepared to pay,
- When you would ideally like to move in
- How long you expect to stay.
- If you are sharing, include the names and contact details for all the people who will be living there.
When an offer has been accepted, Chambers will prepare the details of the agreement, usually for one year. Please note that flat-sharers are usually ‘jointly and severally’ liable for the rent, so if one person leaves before the tenancy expires the remaining tenants will still have to pay the full rent.
A reservation fee will be payable, as well as a reference fee for each tenant. The reservation fee will be deducted from the first rental payment unless the landlord withdraws, in which case it will be returned to you.
PAPERWORK IS OUR MIDDLE NAME
When your references have been checked and any guarantors signed up, the tenancy agreement is drawn up for signature. At this point, the rent for the first period will become due and a deposit will need to be paid. We hold the deposit on behalf of the landlord, protected by the Tenancy Deposit Scheme, so you can be assured that it will be returned as long as the rent is paid and there is no damage to the property.
It’s time to inform the utility companies that you are now responsible for the bills, and although insuring the property itself is the landlord’s responsibility, it is a good idea to insure your own possessions.
So you have rented your own place. Well done, time to relax and enjoy!