TENANT MOVE IN INFORMATION.
An initial payment is required to reserve the property. This is equivalent to one weeks rent. This will hold the property for you for a maximum period of two weeks unless agreed otherwise. YOUR INITIAL PAYMENT WILL BE ALLOCATED AGAINST YOUR TOTAL INVOICE AMOUNT. THIS PAYMENT IS NON REFUNDABLE IF YOU DECIDE NOT TO PROCEED WITH THE TENANCY OR FAIL THE REFERENCING/ RIGHT TO RENT CHECK.
All tenants are required to be referenced. You will be emailed a referencing form to fill out online.
As part of the referencing we are checking:
-your credit score and any adverse credit on your record.
-Your current employment with your employer/future employer.
-Your Landlord reference with your previous Landlord.
- An affordability check to confirm you are able to afford the rent.
As part of the referencing we are required to verify that every tenant is entitled to live in the UK under the 2014 Immigration Act. We will require to see your passport or national identity card and proof of you current address (utility bill or bank statement dated in the last 3 months).
Rent is always payable monthly in advance and is due the 1st of every month with the first month calculated pro-rata. Advanced rents for move in dates before the 15th of the month will be calculated on the daily amount from the move in date up until the end of the same month.
Advanced rents for move in dates falling on or after the 15th of the month will be calculated on the daily amount from the move in date to the end of the same month plus the following full month’s rent amount.
If a property is to be managed by the landlord then a minimum of 6 weeks advanced rent will be required. A member of staff will confirm if the property is to be managed by the landlord or Mack Residential.
The minimum tenancy period is six months. Inspections are carried out every 3 months on managed properties.
5 Weeks rent Deposit (Not Vat Chargeable) will be taken before you move in. This will be registered with DPS (Deposit Protection Service).
No Deposit Option:
We offer tenants the option to use a deposit replacement scheme instead of paying the deposit upfront. We use a company called Reposit Ltd for this service. A non refundable fee of one weeks rent is charged to the tenant. Pease ask a member of staff for more details.