Register with an Estate Agent
Once you have found a flat of house that you like, you will be asked to put down a holding deposit in order to secure it for a period of time whilst the administrative process of taking references takes place. It is at this stage that you will also be asked to pay the administration fee.
Prepare your references
In order to confirm to the Landlord that their Tenants will be able to pay their rent on time each month you will be asked for references and proof of your identity. Your references will be completed online by an independent referencing company.
After we receive confirmation that you have passed your referencing, we will prepare your Tenancy Agreement for you.
You will usually be required to pay a deposit of 1 month’s rent, although some Landlords may ask for more. The deposit is there to cover any unpaid rent or damage to the property over and above that which is considered wear and tear.
Your deposit will be held within a Tenancy Deposit Scheme, details of which will be given to you within 10 days of your tenancy beginning.
Once the deposit and 1st month’s rent has been received and your references have passed, the Landlord and Tenant sign contracts.
This is one of the most important steps for the Landlord and Tenant to get right. It is essential to have an inventory that is prepared by a qualified independent inventory clerk. Your inventory will show the content and condition of the property on the day that your tenancy begins. This will often be the key to deciding the amount of deposit that is returned at the end of the tenancy.
On the day of your move you will be met at the property for a check-in. You should make sure that you are satisfied with the inventory and make a note of the gas & electricity meter readings.
Don’t forget that it is the Tenant’s responsibility to purchase insurance against theft or damage of their belongings.
Where the property that you are renting is managed by Penny Kenton, we will arrange inspections of the property during the term of your tenancy. This ensures that the property is being kept in a good condition.
Penny Kenton has been established as an independent Estate Agency in North Finchley for 25years, so we have the experience to guide you through the whole process. If you are considering renting a property, give us a call. We cover all areas surrounding North Finchley N12 including Hendon, Finchley Central, East Finchley, Totteridge & Whetstone, New Barnet, Southgate, and Mill Hill.