Bassets is a member of ARLA Propertymark CMP Scheme, a client money protection scheme, and a member of The Property Ombudsman (TPO), which is a redress scheme. You can find out more details on the agent's website or by contacting the agent directly.
Pre Tenancy Tenant Costs (All fees include VAT):
Holding Deposit (If successful, this will be used towards the rent and deposit unless already returned): Equivalent to 1 week's rent.
Administration Referencing Fee (Company Let): £300 per Let.
Pet Surcharge - Dog/Cat: 3% of the monthly rent.
Pet Surcharge - Multiple or Other: By agreement in relation to the potential of additional wear & tear.
Assured Shorthold Tenancy Let: Equivalent to 5 week's rent.
Company Let: Equivalent to 6 week's rent.
Room/Garage/Bedsit: 1 month's rent plus £250.
enancy Tenant Default & Permitted Charges:
Early Termination Fee (Default Fee): An appropriate fee taking into account length of original fixed Tenancy and extra cost incurred re-letting the property early.
Replacement Key or Security Device (Default Fee): Cost of the replacement Key or Device.
Late Rent payment (Default Fee): Interest charged at Bank of England rate plus 3%.
Any Change in Tenancy or to the Tenancy Agreement (Permitted Charge): £60 including VAT.
Missed Appointments (Permitted Charge) e.g. where access has been agreed via the Tenant for a contractor: Amount of any loss suffered by the Landlord.
Other Tenant Charges:
Out of Hours/Emergency Call Out - e.g. requiring a spare key from the Agent as they are locked out of their property: A charge of £30p/h will be levied (based on time and a half) plus mileage.
Arranging Post Tenancy Work - e.g. To cover the costs of arranging post Tenancy works that the Tenant is responsible for i.e. carpet clean, general cleaning etc.: Relevant compensation to the Landlord or Bassets for arranging work.
A Holding Deposit of 1 week's rent will only be paid, once the Landlord agrees to proceed after you have registered your firm interest in renting the property. This deposit is paid once the Landlord has formally accepted your application, following the completion of your 'Offer & Application Form' and is subject to referencing and contract. The completed application form constitutes your offer to rent the property. At this point, a Deadline for Agreement Date is set by which time both the Tenant and the Landlord are required to have entered into a Tenancy.
Once the holding deposit is paid the property will be removed from the market unless we state otherwise.
Before being accepted as a Tenant, you will be asked to complete an Application form which constitutes your formal offer. The landlord will then be forwarded all potential tenants offers and will then make the final decision.
Once an offer is accepted we'll process a full reference you using an independent referencing company. This will include a full credit score, employer reference and previous Landlord reference (as appropriate). If you think there may be any problems with your reference, you must advise us before referencing commences and there are provisions within the application form.
As part of this process, we are required to check that Tenants comply with the Government's Right to Rent guidelines. Accordingly, you will be asked to provide proof of your right to rent. In most cases, a passport will suffice, however, if you're a non-UK, EU or Swiss Nationality you may need to provide further details to confirm your right to reside in the UK. Please contact us for further information.
Return of Damage Deposit
If the Landlord rejects your application, any Holding Deposit paid will be refunded to you. However, the following situations are likely to lead to the Holding Deposit being retained in full:
- Any Tenant fails a Right to Rent check;
- Any Tenant provides false or misleading information which would reasonably and adversely impact on the Landlord's decision as to the Tenant's suitability to rent the property;
- Any Tenant changes their mind prior to the Deadline for Agreement and decides not to rent the property;
- Any Tenant fails to take all reasonable steps to enter into a tenancy agreement.
Once your reference has been approved and you are ready to move in, you will be required to pay the first month's rent 10 days in advance plus the Damage Deposit. Should the Landlord accept a pet at the property, there is likely to be a Pet Surcharge added to the monthly rent. The Damage Deposit is set to five weeks' rent.
The Damage Deposit is registered by Bassets with an approved deposit scheme and is to be used if you fail to meet your legal obligations set out in the Tenancy Agreement.
Day of Move-In
On the proposed day of move-in, you will be invited into the office after 1:30 pm to collect keys and sign the paperwork, you should then allow around 30 minutes for this process to take place. Please do not arrange any for of removals or transport until this date has been confirmed.
Note: When a date has been arranged to come in, you must make sure you have allowed enough time prior, for rent & deposit to have been paid and be IN CLEARED FUNDS IDEALLY 10 DAYS PRIOR TO MOVE-IN.
The existence of the Damage Deposit is registered with an approved Deposit Scheme and a certificate is sent to you confirming this.