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Your Step by Step Guide to renting a property with Belvoir! Gloucester:
Viewings- Having matched your requirements to available properties, Belvoir Gloucester will arrange for an accompanied viewing at the property.
You will always be accompanied by a representative from Belvoir Gloucester, who will be able to provide immediate advice and answer any questions you may have.
Offer/Application- Having selected a property, you will need to pay an application fee as well as completing a written application and offer to rent.
At this time any details or requirements can be negotiated and agreed, including occupancy date, duration of the letting, etc.
The application fee is non-refundable if the tenant fails to proceed for any reason, or if the tenancy fails to proceed due to incomplete or inaccurate information provided in the tenancy application.
References- Belvoir Gloucester will take references on behalf of the landlord. These will normally include your employer and any former landlord or letting agent. In addition, a search of the adverse credit register and a search of the voters roll register will be carried out.
You will also need to provide 2 months copies of bank statements, wage slips, proof of your current address and a copy of passport or driving licence to support your application.
Applicants must be able to show that their combined earnings (before tax) equate to 2.5 times the annual rental of the property or above. If this criteria is not met, then advance rental payments or a Guarantor may be required.
Rent- Rents are normally quoted on a calendar monthly basis and are paid monthly in advance, by standing order to the Belvoir Client account.
Deposit- A deposit equivalent to one months' rent plus £100.00 is usually taken to cover any breakages, dilapidations or deductions that may become due at the end of the tenancy.
Pets- Accepting a pet in a rental property is purely down to each individual Landlords’ preference. An additional £100.00 (per pet) would be taken on top of the basic deposit. Carpets and Soft Furnishings within the property would also be required to be professionally cleaned at the end of the tenancy.
If you are interested in one of our available properties and have pets, please contact the Belvoir Gloucester office. Our team will be then be able to advise if the property is suitable for pets and will arrange viewings accordingly.
Guarantors- In the instance where an applicant's earnings does not meet the referencing criteria, or references are not fully conclusive, a guarantor may be required. A Guarantor must be in full time, permanent employment, over the age of 24 and earning three times the annual rent of the property or above. A Guarantor is legally obliged to cover any the rental payments, should for any reason a tenant default on paying.
Our team at Belvoir! Gloucester are happy to answer any further queries that you may have with regards to renting a property. Please do not hesitate to contact us on 01452 387 334 or via email email@example.com
Tenant Fee Structure (all figures inclusive of VAT)
First Applicant: £325.00 - non-refundable fee covering the administration cost of processing first applicant
Additional: £125.00 - non-refundable fee covering the administration cost of processing each additional individual application.
Guarantor: £125.00 - non-refundable application fee covering the administration cost of processing a guarantor.
Application Fees are payable in order hold the property whilst referencing is undertaken.
Guarantors will be contractually obliged to pay any monies due in the event of default by the tenant.
Application requirements include, but are not limited to:
- Annual gross salary calculated at 2.5 times annual rent.
- Positive: Right to Rent, Credit Rating, Earnings Validation & Landlord reference if applicable.
Guarantor applications require annual gross earnings calculated at 3 times annual rent.
Checkout fee: £40 end of tenancy check out (unfurnished).
Checkout fee: £50 end of tenancy check out (furnished).
Breach letter: £25 per letter sent regarding breach of tenancy.
New contract: £60 if no further referencing is required.