
Renting a home with James Wilson Estate Agents
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 £40.00 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.
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.
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. At this point you we will confirm which services you will require via our utility company. They will take care of your energy, but can also provide home phone and broadband at competitive rates.
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 a bankers draft made payable to James Wilson Ltd, Cash or internet transfer (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 due date is payable on the date of move in if before 2 weeks; otherwise this is payable 2 weeks after your holding deposit has been received as stated on the first page.
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 a third party inventory clerk prior to your move. A copy of the document will be posted to you once the tenancy commences.
Refer a friend to James Wilson to claim your £75.00 voucher
