Reserving the property

Once you have decided on a property, you will need to reserve it by paying a 'holding deposit' (aka 'reservation deposit'), usually equivalent to one weeks' rent. Assuming that the tenancy goes ahead, this will be deducted from the monies due before you move in. If the landlord declines to grant the tenancy, it will be fully refunded. However the deposit will be Not Refundable if you decide not to proceed for any reason.

References

As a minimum we will require satisfactory references from your employer (or college), a previous or current landlord. We may also require a personal reference, and sometimes a guarantor. We may use the services of an independent referencing company to obtain and evaluate these references. Please, allow us up to 48 hrs to check your references.

Rents

Rents are normally quoted weekly or calendar monthly, and payable monthly in advance. The tenant is usually responsible for Council Tax, Water Rates, Gas, Electricity and Telephone costs if not included in the rent. All rents are usually payable by bank standing order to your landlord's bank account.

Deposit

A security deposit of one month's rental will be required. This deposit will be treated in accordance with the Tenancy Deposit Protection regulations, and you will be informed of which protection scheme is utilized. The deposit is held to cover damage, breakages, and any other liabilities under the terms of your tenancy agreement. Please note that under no circumstances can the deposit be used by the tenant to cover rent.



One Week Holding Deposit is Not Refundable if you change your mind to go ahead with your Tenancy!

Studio Flat

By definition for Central London (Zone 1-2) property searches a ‘Studio Flat’ is typically ONE ROOM open plan consisting of a sleeping area/living area, kitchen area/cooking facilities and bathroom facilities - everything combined in one room.

*SINGLE STUDIO (single bed - intended for 1 tenant only);
*DOUBLE STUDIO (double bed or 2 single beds - intended for 2 people – generally a couple or 2 sharers); Many studios are in Victorian converted buildings where large rooms have been converted into studios and have had kitchen & bathroom facilities added.

Bedsits

A 'Bedsit' by London definition is a combined Bedroom and Sitting Room in one (hence the term 'Bedsit'); it will be ONE ROOM open plan with a bed/sleeping area and kitchenette/cooking facilities – bathroom facilities will be outside the Bedsit room and will be shared with the tenants of the neighboring bedsits. Many bedsits are in Victorian converted buildings where the rooms have had cooking facilities added to create bedsits. Size, layout and condition will vary from property to property.

*SINGLE BEDSIT (with single bed – intended for 1 tenant)
*DOUBLE BEDSIT (with double/twin bed/s – intended for 2 people – generally a couple)

1-3 Bedroom Flats

 Any 1/2/3 Bedroom Flat will consist of the corresponding number of separate bedrooms (single or double), separate or open plan kitchen, separate or open plan living room, 1 or 2 bathrooms.

Short Term Let

 A SHORT TERM LET by London definition is any letting which is LESS THAN A 6 MONTH TERM. Generally a Landlord will charge more for a short let in Central London areas as they do not have the ongoing guarantee of income from the rent for the extended term of a lease. This type of Let is NOT BOOKABLE and depends on what is available at the time you are looking. The Deposit and Rent in Advance varies.

Long Term Let

A LONG TERM LET by London definition is any lease which is 6 MONTHS OR MORE. This is the most common form of Lease Agreement for London Rentals and will generally require 4 weeks Deposit and 4 weeks Rent in Advance prior to moving in.