TENANT TERMS OF TENANCY
PRELIMINARY PAYMENT: We will take a Preliminary Payment equivalent to one week’s rent to reserve the property and remove it from our availability list, subject to contract & references as agreed with the landlord.
Please note that this Preliminary Payment is non refundable should you decide to withdraw your offer of tenancy or should we receive unsatisfactory references including adverse credit in relation to any undeclared County Court Judgements, Insolvencies or Bankruptcies. Acceptance is subject to contract and references agreed with the landlord. This payment does not oblige the landlord to let, nor does it create a Tenancy Agreement between both parties. This payment is deducted from the completion money upon signing the tenancy agreement and is put towards the first month’s rent.
The deadline for issuing the tenancy agreement is the date by which agents/landlords and tenants should enter into a tenancy agreement after the payment of the holding deposit. The default deadline for the tenancy agreement is 15 days following the receipt of the holding deposit, but the landlord or agent may agree in writing a longer deadline with the tenant
REFERENCES: All tenants and guarantors maybe referenced at the discretion of the landlord.
SECURITY DEPOSIT: The equivalent of five weeks rent is required.
TENANCY AGREEMENT: A Tenancy Agreement will be drawn up for a minimum period of twelve month with if agreed, a mutual break clause at six months. Please note that all named tenants on the Tenancy Agreement will be required to sign all documents prior to commencement of the Tenancy.
RENT: Is payable monthly in advance by Standing Order from one bank account only.
EXTENSION/RENEWAL: Once the fixed term has expired the tenancy will be renewed. This will include preparation of the new Tenancy Agreement.
CHECK-IN ADMINISTRATION: When requested by the landlord, at the commencement of the tenancy an inventory will be prepared and a check in carried out at the landlords expense.
RIGHT TO RENT CHECKS: In accordance with the Immigration Act of 2014 all applications for tenancy must include identity checks to confirm that each applicant has the right to rent in the UK. Hodders will confirm each applicant’s identity, taking copies of original documents and storing them for a period of up to twelve months after the tenancy ends.
UTILITIES: For properties managed by Hodders, Tenant Shop Limited acts on our behalf to notify the local council, water supplier(s) and energy provider(s) in line with your tenancy start date and secondly to supply notifications to the local council, water supplier(s) and energy providers(s) from the date that you vacate the property. Tenant Shop limited will only use your information for the purpose of council and utility registration, closing of council and utility accounts and Energy/Media comparisons upon your arrival. Call Centre comparisons are completely optional for you (the tenant) and you can opt out at any time. Tenant Shop Limited is a registered member of the Information Commissioners Office with registration number Z305733X