How To Let A Property In Jones Libaesalle

Transcription

1 Tenants Guide

2 London Tenants Guide Jones Lang LaSalle Tenant s guide Jones Lang LaSalle is now one of the largest international property consultancies throughout Europe. Our Team have a wealth of experience behind them and an extensive knowledge of the residential property market, we are here to advise on every aspect of your property search. Making an offer Our lettings consultant will put forward your offer to the landlord. Essential Information required to assess the offer are as follows: Proposed Rental Offer Payment frequency, monthly, quarterly or longer by arrangement Move in date Length of contract Tenant name, (company or individual) Special Conditions of Offer. The consultant will then contact the landlord on your behalf and put your offer to them. If the offer is agreed it is subject to contract, receipt of satisfactory references and cleared funds at the commencement of the tenancy.

3 London Tenants Guide Jones Lang LaSalle Terms Agreed Once terms have been agreed we will ask you for an initial payment to reserve the property whilst we process your references and the tenancy paperwork. If the tenancy does not proceed then we reserve the right to retain this sum to cover our costs. Our local office will be happy to explain this payment and our costs in more detail at that time. Tenancy Paperwork An agreement to let the property will be prepared; this forms the basis of the legal obligations and contract between all parties to the agreement. Please take time to go through the tenancy agreement and ensure that all the details are correct and all the terms included in the body of the contract are fully understood. Each party will be asked to sign a copy of the agreement and have this document witnessed. Both agreements will then be returned to us in order that they may be dated. Once dated the contract is deemed to have exchanged and becomes legally binding. Jones Lang LaSalle - Helping you secure the perfect property Referencing In order to obtain references Jones Lang LaSalle will use an independent credit reference agency. You will also be asked to provide an original photo ID and proof of address such as a utility bill or bank statement. You will be asked to complete an application form which mainly consists of your personal details, employment details and details of your previous Landlord where applicable. It is important to note, should you be studying in the UK, we will require confirmation from the education establishment along with details of a UK based guarantor. If for reasons of study or finance you need a UK based guarantor they will also need to complete a credit reference form. Should you be unable to provide us with a UK based guarantor, the Landlord on occasion my waive this obligation and require that payment of rent be made in advance for the total term of the tenancy. Initial Costs An initial invoice will be sent to you consisting of a breakdown of what is required in cleared funds prior to the tenancy commencing. This will consist of: the first payment of rent (either monthly, quarterly or longer by arrangement) the deposit (typically the equivalent of six to eight weeks rent) Administration Charge Reference Fee It is vital that the initial monies are received by Jones Lang LaSalle as cleared funds in the form of a banker s draft, bank transfer/chaps transfer (before 3.00pm) Monday to Friday with funds cleared prior to the commencement date of your tenancy. Under the RICS codes of conduct we are unable to take any form of cash. You will also be asked to set up a standing order in line with the agreed rental payments. 04

4 London Tenants Guide Jones Lang LaSalle Deposit Monies As members of the Tenancy Deposit Scheme, Jones Lang LaSalle will hold the deposit as stakeholder for the duration of the tenancy in a separate client account. Your deposit is protected under the terms of the Tenancy Deposit Scheme. At the end of the tenancy the deposit is refundable to you once we have received both parties written consent for any deductions under the terms of the agreement On occasion our Landlord s will prefer that they hold the deposit in one of the approved tenancy deposit schemes. You will be notified of this prior to the tenancy commencing. Further details of our membership with an approved tenancy deposit scheme can be found at Please note Jones Lang LaSalle are unable to refund the deposit monies at the end of the tenancy until we have both parties written consent to do so. Referencing Under the terms of the tenancy agreement you will be responsible for the following during the term of your tenancy: Gas Electricity Water Telephone Charges Council Tax Tenancy Paperwork Once all the legal and financial arrangements have been met, you will be asked to meet the inventory clerk at the property. The inventory clerk will go through the property with you and assess the schedule of contents and condition of the property. Keys will be handed over to you at this stage. After the commencement of the tenancy, you will receive a signed and dated copy of the Landlords tenancy agreement along with a copy of the inventory report for your records. If we are managing the property then the designated property manager from the Jones Lang LaSalle team will introduce themselves and provide you with all necessary contact details. If the property is being managed by the Landlord, their contact details will be provided to you. End of Tenancy Approximately two months prior to the end of your tenancy, you will be asked whether you would like to extend your tenancy for a further period. If you do not wish to remain in your property, we will at this stage commence remarketing the property. On the final day of the tenancy we will arrange for an independent inventory clerk to meet with you to carryout the check out inspection and take the meter readings. The inventory report will be the basis on what if any monies will be deducted from your deposit. It is therefore vitally important that the property is returned in good order having been professionally cleaned throughout. If your rent was paid via a standing order arrangement please ensure this is cancelled once the final rent payment has been made. You should also notify the utility companies of your departure date. And finally, please ensure you notify us of your forwarding address. 06

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