At Park & Bailey, we let and manage a variety of furnished and unfurnished properties throughout East Surrey for rent.
Our site contains a constantly updated register of rental property. CLICK HERE www.parkandbailey.co.uk to see our latest list. In order to receive a regularly updated list of our available rental properties, please register online, details available on our Home Page, and we will contact you with details of new properties to suit your specified requirements.
For more detailed information or appointments to view please contact us on 01883 340024.
Please keep in mind that a range of rigorous checks on all prospective tenants will be carried out and we will require at one and a half month’s rent as a deposit and one month’s rent paid in advance. Should you be uncertain as to your suitability or have specific requirements, please contact us.
TENANT’S GUIDE
Although Letting Agents have different procedures, this guide is intended as a general overview to assist you when renting a property with us. We have set out below a few significant pointers to assist you.
YOUR OFFER – Once we have found your suitable property, you will be asked for a £150.00 application fee upon receipt of which we will put the offer to the Landlord for consideration. Please note that any offer you make would be subject to you fulfilling our reference criteria, should the offer be refused your £150.00 will be refunded.
Assuming your offer is accepted the property will be taken off the market whilst references are taken. We allow 5 working days for the references to be approved after receipt of your application. Failure to comply and the Landlord reserves the right to re-offer the property. In these circumstances or, should your references prove unsatisfactory, the application fee would be non-refundable.
AGREEING THE LET- As soon as your offer has been accepted by the Landlord, we will apply for references and draw up the relevant documentation which will form the basis of the agreement between you and the Landlord.
You will be expected to provide:
IDENTIFICATION/PROOF OF RESIDENCY
All tenants must show proof of address. Only the following forms of identification are accepted:
Utility bill (less than 3 months old)
Full driving license or Passport
Council tax bill (less than 3 months old)
Mobile phone bill (less than 3 months old)
HOW MUCH DO I NEED TO EARN TO BE CONSIDERED FOR THE PROPERTY?
To pass the income criteria to be considered for the property you must earn [collectively in the case of two or more tenants] at least 30 times the monthly rent.
REFERENCES:
All our references are taken up by a Third Party Specialist Company. They will contact your employer and your landlord (if you are in rented accommodation already). Your previous employer will also be contacted if you have recently changed jobs. If you are self employed we will need to contact your accountant. A credit check and search of public records will also be conducted.
To assist in collating the necessary references, it would be advantageous for you to warn the relevant individuals in advance that references are required as these can be return to us within a matter of hours, barring any delays.
Occasionally, a GUARANTOR will be required if, for example the tenant has not been continuously employed for the past 18 months; has been working abroad in the previous 6 months; the tenants’ income falls short of our criteria or the tenants’ employment is considered as changeable.
Please note that the same criteria applies to the guarantor and, furthermore, the guarantor must earn the equivalent of 30 times the monthly rent, be in full time employment or be able to prove by bank statements that they have “independent means”. All tenants should be able to provide a guarantor and should the tenant be unable to provide one, we will decide that the tenant has withdrawn their application. The tenant will therefore forfeit their application fee.
The guarantor must be aware that they will stand as guarantor for you, (and your partner if you are moving in to the property with some one else), for the entire occupancy of the property, not just for the period of the initial tenancy term.
AGREEMENT – An appointment will be arranged with you to visit our offices to sign the Tenancy Agreement when all references have been received.
RENT AND DEPOSIT – You will be required to provide the agreed sum of rent and deposit in cleared funds before taking possession of the property.
The deposit is required for the full tenancy against loss, damage or charges payable at the termination of the tenancy. Whilst this is usually the equivalent of one and a half month’s rent, it may vary dependent on your circumstances, for instance if you had dog's your Landlord may agree subject to a larger deposit being taken at outset.
The deposit will be held by the Deposit Protection Scheme, the Government Approved Custodial scheme in their designated clients account. It is returnable in full at the end of the tenancy subject to final inspection of the property and any monies that may remain outstanding from your Tenancy.
Rent is to be paid monthly in advance and to be cleared funds on the first day of the tenancy and then on the same day each month thereafter. The payment method is by bank standing order.
FEES - We charge an application fee for the cost of setting up your Tenancy, these are dependent on the number of Tenants and start at £110.00 + VAT which is non-refundable, even if a tenancy is refused on the grounds of references or if the tenant withdraws from taking the property.
A fee of £50.00+ VAT is charged to the tenant for renewal of all fixed term tenancies.
COMPANY LET - Company applications are acceptable where the company will be paying the rent. The fee will be £110.00 plus VAT.
Please note that all monies relating to the Tenancy must be in cleared funds prior to the occupation of the property. We offer a number of payments methods, please call for more details.
CHECK IN AND CONDITION REPORT - If we have been instructed by the Landlord, a Condition Report will be prepared of your new home. You will be sent the report after moving in and given 5 days to consider its content, any discrepancies must be raised within the 5 day time scale after which the Report stands.
All information is provided in good faith. It does not replace the advice of a qualified legal advisor. We will accept no responsibility for any inaccuracies.
OTHER POINTS OF INTEREST:
1. The Tenant will be responsible for insuring their own possessions
2. The Tenant will take over all utilities such as Gas, Electricity, Water/Sewage charges, Council Tax & Telephone upon moving into the property.
3. The Landlord is responsible for any repair/maintenance problems to appliances etc. but the Tenant is responsible for any breakages which should be reported immediately.
4. Decoration of the property must only be done with your Landlord’s permission
5. No pets are allowed unless the Landlord has given consent
6. Reasonable notice should be given in the event that the Letting Agent or Landlord wishes to inspect the property outside pre-agreed times. It is usual for the Agent to inspect the property at least every six months during the term of your Tenancy.
7. Most lets are for 12 months, although some Landlords may consider shorter terms of say 6 months.
8. Should you wish to quit your Tenancy earlier than the agreed term, you will remain liable for all rent and costs until the end of the agreed Tenancy.
9. The most common type of Tenancy Agreement is the assured short hold and usually takes the form of a standard contract between both parties.
10. The Letting Agents will deal with the property viewings, references, agreements and getting you moved in. If the agent has been instructed to manage the property then you will normally report any repairs or queries to them. If not, then you will deal directly with the Landlord.