Please read this information carefully to avoid delay in securing a property.
As an indication of your commitment to renting the property, and in consideration for the landlord not actively marketing the property pending the result of the credit checks, a payment of £400 is required. This will be accounted for as a credit in your move in balance invoice. Please note that if it is proven that you are unable to rent in the UK or if your references are unsatisfactory to us or the landlord, or fail due to undisclosed/falsified information, or you withdraw from renting the property then the payment of £400 is non-refundable. Should the landlord withdraw from letting the property (other than for the reasons aforementioned) the payment of £400 will be refunded in full. The reference fee is non-refundable once the referencing procedure has commenced.
All persons over the age of 18 wishing to move into their chosen property must complete a reference form and be named on the Tenancy Agreement. References will be undertaken by Lets Sure, for which a charge is payable by you. Lets Sure will contact your employer/accountant and current/previous landlord. A credit check will also be carried out.
Rent to Rent Checks
The checks entail meeting any adult tenant (or anyone residing in the property even if they are not shown on the tenancy agreement) with their original versions of one or more acceptable documents - such as a passport, permanent residence card or current immigration status document. The checks must be carried out on ALL tenants, even those from inside the UK or EEA .The documents need to be checked to ensure that they are valid and genuine, with a copy kept as evidence that the checks were completed. Where a persons right to live in the UK will expire during the tenancy; it can still legally go ahead however follow up checks will need to be made
If the applicant is a company, the company must be based in the UK.
In most cases, in order to pass the affordability criteria your annual salary before tax should be at least 30 times the monthly rent. If you are unsure if you are earning enough to meet these criteria, contact us prior to your references being processed. If you are not earning enough you may have the option subject to the agreement of the landlord of providing a guarantor for your tenancy or paying rent in advance. Please note that any Guarantors must be a UK resident and preferably a home owner.
Move In Balance Invoice
This will be emailed to you before the commencement of the tenancy and it will set out the balance due on or before the agreed move in date. Please note that keys will not be released until your balance is received by Sinclair Hammelton in cleared funds. Payment may be made by BACS/CHAPS transfer to our account or by bankers draft. Please note that we cannot accept cash to pay your move in balance.
Whilst every care has been taken to provide you with the correct amount that will become due at the start of your proposed tenancy, in some instances the landlord may request that we employ specific service providers, therefore the the total as below may be subject to some minor adjustment and if this is the case, then we will endeavour to notify you as soon as possible. Some fee's as shown below may not be applicable to your situation
First month's rent in advance
Six week security deposit
Tenant Set Up Fee
£150.00 Per Tenant
Check out cost dependant on size of property
£300.00 Per Tenancy
Guarantor References & Deed of Guarantee
£65.00 Per Guarantor
Company Tenancy Referencing
£195.00 Per Company
£35.00 Per Occupant
Rent Payment in Advance
Total to Pay (Less credit for your £400 Good Faith Payment)
THE ABOVE CHARGES ARE INCLUSIVE OF VAT
Security Deposit & Tenancy Agreement
Sinclair Hammelton will prepare a Tenancy Agreement for both parties to sign. You will have the opportunity to read the Tenancy Agreement and raise any questions before signing. If the tenancy is renewed, your share of the cost for the new agreement will be £75.00.
The Tenancy Agreement is a legal document and you are recommended to take independent legal advice before signing it.
Your return of the signed Tenancy Agreement will be treated as your authority for Sinclair Hammelton to date and complete the Tenancy Agreement, thus committing you to the Tenancy on the agreed start date. Please note however that your return of the signed Tenancy Agreement will not create a binding contract until we receive the Landlord's signed part of the Tenancy Agreement and the landlord's express confirmation to complete the Tenancy Agreement.
In addition keys can not be released until we are in receipt of the full cleared funds as set out in the move in balance invoice.
The security deposit is held against the tenant adhering to all their obligations set out in the Tenancy Agreement; particularly those to do with cleanliness & condition of the property and payment of rent and utility bills. The deposit will be held by the DPS. No interest is payable to either party. At the end of your tenancy, the deposit will not be released until agreement is reached between both parties regarding any necessary deductions.
The property is let as seen at the time of viewing; and requests for extra furniture, appliances, redecoration or removal of items, will not normally be considered after the tenancy is entered into. The property is not usually professionally cleaned unless this has been previously agreed by the Landlord.
Rent is payable in advance by standing order, either to Sinclair Hammelton or direct to your landlord depending on which service your landlord has chosen. Please ensure your standing order is set up so that rent arrives on the due date.
Inventory & Schedule of Condition
The Inventory & Schedule of Condition details the fixtures and fittings and describes their condition and that of the property generally. The Landlord and tenant often share the costs involved in preparing and checking the inventory. The inventory & schedule of condition helps protect the interests of both landlord and tenant by providing an independent assessment of the property at the commencement of the tenancy. It is preferable that tenants are present at the check in as this document will be used at the end of the tenancy when comparisons are made. These will form the basis for any necessary deductions from the deposit.
During the tenancy
Tenants are expected to abide by their obligations set out in the Tenancy Agreement. If the property is managed by Sinclair Hammelton we will contact you during the tenancy to arrange maintenance visits.
I hereby confirm that I have read and understood the terms of this Guide and I have seen a copy of the Energy Performance Certificate for this property. In particular I agree that I will be responsible for the cost of the following:-
Tenancy Set up Fee
Any Guarantor or Permitted Occupant Fee's
Check out cost determined by size of property
I acknowledge that the Good Faith Payment of £400 is in consideration of the Landlord not actively marketing the property and for the credit checks and references to be undertaken. I acknowledge that in the event the references received are unsatisfactory to Sinclair Hammelton or to the Landlord, or in the event that I have failed to disclose material information or falsified information, or made misrepresentations to Sinclair Hammelton or the Landlord, or that I withdraw from the letting, or if I do not have the Right to Rent in the UK, then the £400 Good Faith Payment payment will not be refunded to me.
I accept that Sinclair Hammelton are mere agents of the Landlord and that any claim that I may have in respect of the Tenancy Agreement or the Good Faith Payment will be against the Landlord and not Sinclair Hammelton.
BANK NAME: HSBC BANK
ACCOUNT NAME: SINCLAIR HAMMELTON LIMITED
ACCOUNT NUMBER: 93665321
SORT CODE: 40 15 05
PLEASE ADD THE ADDRESS OF THE PROPERTY AS A REFERENCE