GLB Property Rentals

When you are looking to rent you need an experienced property agent to guide you through the journey. Once you are registered with us we are immediately focused to locate a property for you. First we look through all the properties that we have currently registered (using the above search). We will also send you anything suitable and arrange some viewings. We can take you round to all the properties you are interested in one viewing session if it helps.

When you have found the property you are interested in, we will take you through the paperwork and ask you to complete an application form. This is how we get to know you a little more and so we can forward information on to your landlord.

Once you are clear to proceed, we need more information for your tenancy agreement (and possibly a guarantor). These forms need to be completed for each tenant over 18 who will be staying at the property.

A guarantor may be required also to honour your financial obligations. Please contact us if you think you may need a guarantor and we can check if your landlord will accept this option.

Reserving A Property

Once you have viewed and chosen your perfect home and would like to proceed with an application then the initial stage would be to pay a ‘Deposit Holding Fee’ as per the below.

Holding Deposit Fee (equivalent to one weeks rent)

A holding deposit fee is taken in order for you to be able to reserve a property whilst referencing checks for yourself are being carried out to ensure you are suitable for the tenancy. The holding deposit amount will be the equivalent of one weeks rent for your chosen property (if you a group this will be split between you, for example, should the holding fee be £200.00 for a group of 4 people, each member of the group will pay £50.00 each). Once a holding deposit fee has been received, the property will be reserved for you and no other applications will be taken at this point.

Suitability

Please note, you must ensure that you are suitable for the tenancy prior to applying as follows:

• Credibility – you MUST be able to prove that your income is sufficient as per the income required which will be advised to you in the initial application email, this needs to be confirmed in by way of an employer, accountant, student finance, or proof of savings
• Status – you MUST be able sufficiently to prove your status whether this be employment, self-employment, student, retirement or housing association
• Landlord Reference – you MUST be able to provide a satisfactory landlords reference or be able to provide a sufficient reason as to why you cannot
• Right to Rent – you MUST be able to prove that you have the right to reside in the UK through proof of passport, visa or confirmation from the home office

We reserve the right to withhold the Holding Deposit Fee should any of the following apply,

• You provide false or misleading information
• You fail the right to rent check
• You withdraw from a property
• You fail to take all reasonable steps to enter into a tenancy agreement when the landlord or agent has taken all reasonable steps to do so

Should we be required to retain a deposit holding fee the reasoning will be advised to you in writing in 7 days of making this decision if this is before the ‘deadline for agreement’ (see below) or within 7 days of the ‘deadline for agreement’ passing.

Once referencing is complete and satisfactory your holding deposit fee will then go towards your first months rent.

Deadline for Agreement

On receipt of the full ‘Holding Deposit Fee’ a ‘Deadline for Agreement’ will automatically be set (unless agreed differently with both parties) 15 days after a holding deposit has been received by the agent in cleared funds. Therefore, you must ensure the application form, all information and documents requested by the agency are received no later than 48 hours from the date the holding deposit fee has been paid, failure to do so will delay our ability to meet the ‘Deadline for Agreement’.

Once all tenancy documents are complete, we will arrange your key collection and move in date!

GLB PERMITTED PAYMENTS

RENT

The rent should be paid at regular, specified intervals.

REFUNDABLE TENANCY DEPOSIT

(equivalent to five weeks rent)

A tenancy deposit is a refundable payment that a landlord or agent can ask a tenant, or a relevant person (ie. someone acting on a tenant’s behalf) to make. This provides a landlord with security if a tenant causes damage to a property, does not return it in its original condition, does not pay their rent or breaks the terms of their tenancy agreement.

Tenancy deposits are protected within a government backed tenancy deposit scheme

REFUNDABLE HOLDING DEPOSIT FEE

(equivalent to one weeks rent)

A holding deposit fee is taken in order for you to be able to reserve a property whilst referencing checks for yourself are being carried out to ensure you are suitable for the tenancy.

The holding deposit amount will be the equivalent of one weeks rent for your chosen property

Once a holding deposit fee has been received, the property will be reserved for you and no other applications will be taken at this point.

This will only be retained if an applicant provides false or misleading information which reasonably affects our decision to let the property to them

This amount shall be converted to rent upon referencing being completed

LATE RENT PAYMENT                                                                

Interest is payable on late payments of rent  that has been outstanding for 14 days or more.

REPLACEMENT KEY OR SECURITY DEVICE

£25.00 call out fee plus £10per key (master keys £25)

CHANGES TO TENANCY

If a tenant requests tenancy amendments and the terms are agreed this will incur a charge of £50.00

EARLY TERMINATION (IF AGREEABLE BY LANDLORD)

If a tenant requests to leave before the end of their tenancy an early termination fee will be chargeable.

This will not exceed the financial loss that a landlord has suffered in permitting, or reasonable costs that have been incurred by the agent in arranging for, the tenant to leave early.

COUNCIL TAX, UTILITY AND COMMUNICATIONS SERVICES

Tenants are still responsible for paying bills in accordance with the tenancy agreement, which could include council tax, utility payments (gas, electricity, water) and communication services (broadband, TV, phone)

GLB ARE MEMBERS OF THE PROPERTY OMBUDSMAN (D11788) AND CLIENT MONEY PROTECT (CMP004749)