Tenants

INTRODUCTION SERVICE

MT Propertymart offers an introduction  service between Tenants and Landlords. It is free to register. The  introduction service costs £50 for each party. The fee is refundable if  no agreement is entered into by the respective parties.

WHY RENT THROUGH US?

We can offer a professional and helpful service to help find the  right home for you. Please find below some useful information that will  guide you through the process of renting with us.

APPLICATION

Once settled on a particular property you wish to rent, we will ask  you to complete a written application form. The planned commencement  date shall also be determined.

ADMINISTRATION / AGENCY FEES

At the point you submit your application, a fee is payable to cover  the administration / referencing cost, including the preparation of the  tenancy documentation and cost of credit references. The fee is non  refundable if you fail or withdraw the application.

HOLDING DEPOSIT

In order to take the property off the market until the planned  tenancy commencement date, a holding deposit is required. The holding  fee secures the landlord against all reasonable costs incurred should  you withdraw from the agreement or fail to take up the tenancy within  the agreed timescales. This is payable at the same time as the Agency  Fee.

REFERENCING

As part of the application, we will endeavour (with your permission)  to obtain written references to support the information you provide.  This will usually mean contacting your employer, current or previous  landlord and someone to give you a character reference. We will also  carry out a credit search, using an independent referencing company.

Should we decide a guarantor is required before a tenancy can be  granted; the same process of referencing will apply to the guarantor.

RESTRICTIONS

Some landlords may wish to apply certain restrictions to a tenancy.  Please find below some examples of typical restrictions that may be  imposed:

  • Smokers
  • Housing Benefit
  • Students

You should be advised of any restrictions before an agreed viewing of a property takes place.

SELF EMPLOYED APPLICANTS

If you are self-employed, we will require a written reference from  your bank and accountant. We will also require accounts, usually dating  back 3 years.

STUDENT APPLICANTS

If you are a student who cannot prove a consistent and sufficient  income, you will need a parent, relative or close friend to guarantee  the rent and adherence to any other tenant obligation listed within the  agreement.

TENANCY DEPOSIT SCHEME

At the start of every tenancy we collect a deposit, normally equal to a minimum of one month’s rent. This is used in the event of breakage or damage caused.

In accordance with the Housing Act 2004, landlords are no longer  permitted to retain a tenant’s deposit and must select either an insured based or custodial based scheme in which to hold a tenant’s deposit. A  statutory certificate is then supplied to the tenant, advising on which  approved scheme protects the deposit. This must be done within 14 days  of the tenancy start date. Please speak to one of our representatives  for further information.

WHAT HAPPENS IF THERE IS A DISPUTE AT THE END OF THE TENANCY?

In the event of a dispute, both parties will have 10 days to resolve  the matter. If no resolution has been reached, they will be invited to  make use of the Alternative Dispute Resolution process that is provided  free with their chosen deposit scheme. Should the parties opt for  Alternative Dispute Resolution they will be bound by its decision with  no redress to the courts.

WHEN CAN I CHECK IN?

As soon as we receive satisfactory replies to our reference  enquiries, we shall contact you to agree a time to move in on the  planned commencement date.

We would advise that for the start of the tenancy, you arrange for  gas, electric, water, telephone and council tax accounts to be  transferred into your name. Please speak to one of our representatives,  who will instruct you further.

TENANTS INSURANCE

When renting a property it is very important to make sure you are  covered by insurance for any damages that may occur. The landlord’s own  insurance will not cover the tenant’s belongings. It will also exclude  cover for if a tenant accidentally damages the landlord’s property and  therefore it could result in the loss of your deposit to cover the  repairs.

Please speak to one our representatives for further details.

RENT

Rents are paid in advance and by standing order unless otherwise agreed by the landlord / agent.

EVICTION

Are you being evicted from your  present home, then MT Propertymart can help. We can offer independent  assistance, call for full details.

 

About Us

MT PROPERTYMART LTD 59 Whitacre, Peterborough, PE1 4SU. 01733 314348 / 07549944728

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