TENANT TERMS & CONDITIONS

Application for tenancy

Upon the prospective tenant(s) finding a property they wish to rent from Lancashire Lettings an online application form must be completed and the prospective tenant(s) must undergo a referencing process which includes if applicable a financial credit check, current / previous property checks, employer references, landlord references and a right to rent check.

Referencing Fee

The prospective tenant(s) and guarantors (if required) shall pay referencing fees of £95 per person inclusive of VAT. All adults (anyone aged 18 years or over) will need to be referenced.

The referencing fee(s) will NOT be refunded if you do not pass the referencing process or decide not to proceed with the application on the property or do not pay the required deposit within 24 hours after the referencing process has been completed. If you have previously been made bankrupt or have any adverse credit such as a County Court Judgement then please inform us BEFORE beginning the application process and paying the referencing fee as this could result in the application being declined or a Guarantor being required which would incur a further referencing charge. Lancashire Lettings will try to ascertain all information from potential tenants before the application begins to ensure the referencing process completes with applicants being accepted.

Referencing Process

Once the referencing fee(s) is paid you will receive an email link from UKTenantdata this is the referencing company we use. The property will not be viewed by any other person. The property will continue to be marketed but NO viewings will take place. All applications are carried out online.

The property continues to be marketed in case you decide for any reason not to take the property. Once the referencing process is complete we will require the Deposit to be paid in full within 24 HOURS of notification. Once the deposit is paid the property will be completely withdrawn from the market. The property will be shown to further potential tenants in the event the deposit is not paid within the required timescale.

Tenancy Agreement

On completion of satisfactory references we will arrange for a move in date and for all parties to sign the tenancy agreement. The tenancy agreement will be signed by E-Signature via a Computer, Tablet or Phone. This makes the process much quicker and easier.

It is extremely important that you read your tenancy agreement carefully before signing. Once the tenancy is signed you will be legally committed. Please advise a member of the team if you require any explanation of the terms or clauses contained in the agreement. 

All tenancy agreements are for a minimum period of 6 months and are renewed on a 6 monthly basis. Longer periods of tenancy agreements are arranged at the landlords discretion.

Renewals & Property Inspections

You are contacted 2 MONTHS prior to the tenancy end date to arrange a tenancy renewal or to begin re-marketing of the property if the you wish to vacate the property at the end of their contract.

The property is inspected 2 months prior to the tenancy end date by a member of our team and a tenancy renewal is signed for a further period at the property (subject to 6 months minimum contract).

Rent and Deposit 

Deposit 

The deposit is usually the equivalent of the first month's rent plus £100.00 although in some cases the landlord reserves the right to request a higher deposit to be paid especially if pets are accepted at the property. The deposit must be paid within 24 HOURS of the completion and notification of the referencing process. The Deposit will be protected and held with the Deposit Protection Service as per government legislation. In the event the landlord manages the property themselves they would protect the deposit in an appropriate scheme of their choosing.

Rent

At least 48 HOURS before the tenancy is due to commence we would require the first month's rent to be paid. Future payments will then be collected by standing order. Lancashire Lettings will arrange for the standing order to be set up.

Default Payment

£25 (Inc vat)

(Rental payments are due on the due date unless this falls on a Weekend date or Bank Holiday when the rent will be paid automatically on the next working date).

A Standing order is initially set up by Lancashire Lettings to receive the rental payment on the due date (or next working day if this falls on a weekend date or bank holiday). This standing order should NOT be cancelled during the term you are responsible for rental payments.

Early Tenancy Termination

£132 (Inc vat)

Where a tenant wishes to terminate their tenancy before the agreement end date they will be subject to paying the landlords set-up fee. (Early termination can only be granted if a new tenant is obtained by the agent to replace the existing tenant.

Lancashire Lettings are an accredited member of the UK Association of Letting Agents (UKALA), members of a redress scheme named The Property Redress Scheme (PRS) and hold Total Loss Client Money Protection Insurance.

Documentation

Where we can we use E-signature documents that can be signed from your Computer, Tablet or Phone. This makes the process much quicker and easier.

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