South London Estate Agents tenant information

Renting a home with James Wilson Real Estate & Developers Streatham Limited

This information should be read so that you are aware of the sequence of events between placing you holding deposit and your eventual move into the property concerned

Holding Deposit

We require a holding deposit of £300.00 to take a property you are interested in off the market. This is a non-refundable deposit which will enable us to begin processing and negotiating your offer.

Referencing

You will be required to pay £50.00 for each adult (over 18) that will be living in the property and the same for every guarantor. The referencing forms should be filled in completely providing as much information as possible. They should be completed and sent back to within 1-2 days, please contact your referees to advise that a swift response is required. You may also be asked to provide your last 3 months bank statements/payslips and a proof of ID such as a drivers licence or a Passport. This fee is non-refundable under any circumstance as it is outsourced and not in conjunction with our company.

COMPLETE YOUR REFERENCING FORM ONLINE

Failed references

If your references are unsatisfactory then we will inform you either that your tenancy application has been declined or that we require a guarantor or larger deposit (at the Landlords discretion) for you tenancy to proceed A guarantor will be needed in the following circumstances

a) You are a full time student
b) You have not been in full time employment for the last six months
c) Your annual salary does not constitute enough to pay for your rent (30X your monthly rent)

A guarantor needs to have an income and also be homeowner. The guarantor will sign to accept your responsibilities under the tenancy agreement should you fail to honour them.

Tenancy James Wilson

Use a standard Assured Shorthold Tenancy. The term is for 12 months normally with a six month break clause.

Tenancy renewal

If you wish to stay at the property after your 12 month contract there will be a tenancy renewal charge of £40 per adult

Utilities

Once the references are approved your lettings consultant will call you to arrange a time for you to sign the tenancy agreement and pay the balance of your move in monies. A move in time and date will be agreed with the landlord and out going tenants.

Please let us know in advance if you require any of these. We will inform your local council and water company that you are the new occupiers of the property.

All utilities are to be paid by the tenant, the landlord and agent takes no responsibility for this.

Balance of monies

The balance of move in monies must be taken in cleared funds. James Wilson will only accept cash, internet transfer a debit / credit card (credit cards incur a 2.5% charge) or a bankers draft made payable to James Wilson Ltd (this must be paid by 3.00pm at least 3 working days before your due date* for the funds to clear). The move in monies are payable on the date of move in if before 2 weeks; otherwise this is payable 2 weeks after your holding deposit has been received.

Payments of Rent

Rent payments are only accepted by standing order. This form will need to be completed before the tenancy can commence.

Check in/ inventory (subject to landlords instructions)

Subject to the Landlords instructions we will arrange for a schedule of condition or an inventory to be prepared by an inventory clerk prior to your move. A copy of the document will be posted to you once the tenancy commences.