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User Guide

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    Welcome to Right Now Residential Right Now Residential are independent London property experts, offering a unique customer service based experience. The skilled and efficient staff of Right Now Residential will ensure success at the most competitive prices. With years of experience in the London property market we know it is imperative to tailor each transaction to individual requirements.
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User Guide

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LANDLORD FEES SCHEDULE

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    Tenant Introduction - 12% (10%+VAT) *
    -Professional pictures and marketing material displayed on all major property portals.
    -Accompanied viewings
    -Arrange a professional inventory for check in and check out
    -Arrange the required safety certificates
    -Negotiate the tenancy
    -Complete Right to Rent checks and oversee lead tenant referencing
    -Collect and remit first rental payment and deposit
    -Access to vacant utility cover of up to 1 month or £20
    -Optional deposit replacement scheme providing 8 weeks of cover
    -Income and expenditure report on demand

    *Collected at tenancy start

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    TI* & Rent Collect - 14.4% (12%+VAT) *
    All of the above plus:
    -Rent Collection
    -Rent Arrears Chasing
    -Landlord Live Login

    TI* - Tenants Introduction 
    * Collected in line with rent

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    Letting and Mgmt.* - 18% (15%+VAT) *
    -Property Health Check every 6 months
    -Dedicated Property Manager to liaise between you and your tenant
    -Arrange quotes for repairs and maintenance, instruct approved suppliers on your behalf
    -Access to specially negotiated contractor pricing
    -24/7 Property Management covering over 40 languages
    -Negotiate deposit release
    -Ensuring compliance with ever changing legislation
    -Assist with payment of ground rent and service charge as required
    -6 monthly visit and report
    -Negotiation of tenancy renewal
    -Preparation and execution of legally compliant renewal documentation
    -Annual NRL certificate for self-assessment TAX return
    -Service of Section 48 Notice (change of LL address)
    -Service of Section 8 Notice (executed by solicitors)

    Letting and Mgmt.* - Comprehensive Letting & Management
    * Collected in line with rent

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    Right Now Residential is a member and covered by the ARLA/Propertymark Client Money Protection Scheme. Right Now Residential is also a member of a redress scheme provided by The Property Ombudsman.

    Please refer to our website (via the "Lettings" tab) for the full landlord fees schedule. 
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User Guide

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TENANT FEES SCHEDULE

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    ASSURED SHORTHOLD TENANCY

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    Holding Deposit
    One week's rent. This is to reserve a property. Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).

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    Security Deposit
    Five weeks' rent or Six weeks' rent (if rent is £50,000 or over per year). This covers damages or defaults on the part of the tenant during the tenancy.

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    Initial Rent Payment
    Monthly, quarterly, bi-annually or annually in advance. Rent is usually calculated monthly and for the daily rate the formula used is (Monthly Rent x 12 / 365 x Days).

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    Utility Bills
    Outlined in your tenancy agreement and subject to the providers tariffs and may include all or some of the following: Telephone, Wi Fi, Water & Sewage, Electricity, Gas, Council Tax and TV License.

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    Unpaid Rent
    Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.

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    Lost Key(s) or other Security Device(s)
    Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s).If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant. Costs charged will be evidenced with receipts.

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    Variation of Contract
    £50 (inc. VAT) per agreed variation. To cover the costs associated with taking landlord's instructions as well as the preparation and execution of new legal documents. Subject to landlord consent.

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    Change of Sharer
    £50 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher. To cover the costs associated with taking landlord's instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents. Subject to landlord consent.

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    Early Termination
    Should the tenant wish to leave their contract early, they shall be liable to the landlord's costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy. Subject to landlord consent.

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    NON-HOUSING ACT TENANCY
    *Non-Housing Act tenancy is a type of rental agreement that falls outside of the provisions of the Housing Act 1988. Non-Housing Act tenancies are not subject to the same legal requirements as an Assured Shorthold Tenancy (AST). A Non-Housing Act tenancy is for tenancies with rents exceeding £100,000 per annum and whereby it is not the tenant's principal/main home. Company tenancies are also Non-Housing Act tenancies.

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    Right Now Residential is a member and covered by the ARLA/Propertymark Client Money Protection Scheme. Right Now Residential is also a member of a redress scheme provided by The Property Ombudsman.
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Features

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You can see the properties we're currently marketing for rent by clicking the button below:

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    Disclaimer

    The content on this Microsite has been uploaded by Right Now Residential, London. Rightmove Group Limited makes no warranty as to the accuracy or completeness of the content, any queries should be sent directly to Right Now Residential, London. Where properties are displayed on a page, this comprises a property advertisement. Rightmove Group Limited who operate the website Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. These property advertisements do not constitute property particulars. The information is provided and maintained by Right Now Residential, London. Please contact the agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland and if you have any query over the content.