
Tenants
At Meylers we understand that tenants needs are very varied, we work tirelessly to place you in the right home with the right landlord. All deposits are protected in the appropriate Deposit Protection Scheme, all fees are set out in the guide below.
Viewings
Having identified a potentially suitable property, we will arrange a viewing. All viewings will be accompanied by a member of staff, who will be able to provide advice and answer any questions you may have.
Holding Fee
To secure your chosen property, a holding fee will be required in order for us to hold the property for you, subject to contract and satisfactory references. Assuming the rental proceeds, this fee will be deducted from the fees due before occupation. If the landlord or we decline your application, this fee will be refunded. If however you decide not to proceed for any reason, or if the tenancy fails to proceed due to incomplete or inaccurate information/references provided, the holding fee will not be refunded.
Holding fee: A refundable holding deposit (to reserve a property) capped at no more than one week's rent.
Tenancy Application
Having decided on a property, you will need to complete an application form. An administration fee will also be payable at this time, which covers referencing and preparation of the tenancy agreement and any legal notices.
Please note that no portion of the administration fee will be refunded once your application for referencing has been processed. References we will take references on behalf of the landlord and will normally include your employer, or accountant if you are self-employed, and any current and former landlords. In addition a credit check may be undertaken. Where a tenant is unable to meet the required income or credit checks, a guarantor will be needed who must also undergo full reference checks and agree to underwrite any rent liabilities.
Guarantor fee: £175 per person
We will also require the following from you:
- Photographic identification – either passport or new style driving license
- Your bank details
- Last three bank statements
- Last three pay slips
Deposit
A refundable tenancy deposit capped at no more than five weeks’ rent (where the annual rent is less than £50,000) or six weeks’ rent (where the total annual rent is £50,000 or above)
Rent
Rents are quoted on a calendar month basis and are payable by standing order into a nominated bank account monthly in advance, with the first month’s rent due before taking occupation of the premises. Cleared funds must be available at least 48 hours prior to the tenancy start date.
In addition, unless otherwise stated the tenant is responsible for the payment of council tax, water rates, gas, electricity and telephone costs. As part of the administration fee we will take meter readings at check in and for managed properties, we will inform the utility providers of these and the new tenant names. However, it is important that you also contact the local council and utility companies to confirm your new account instructions.
Inventory, check-in and check-out
The inventory is a detailed list of the property and its contents. A schedule of conditions will be drawn up at the start of the tenancy by the landlord or agent , which will be agreed by both parties as you move in. This will be used at the end of your tenancy to check for any loss or damage.
The landlord is required to cover the cost of the inventory and check-in and the tenants will be required to cover the cost of check-out.
Check-out fee: TBC.
Moving in
Once we have received the signed tenancy agreement, deposit and first months’ rent in advance, along with a completed standing order mandate, you are able to move in on the pre-defined tenancy start date. You will meet with the independent inventory clerk / landlord or agent at the property on move-in day, who will run through the inventory with you as part of the check-in process. The inventory will need to be accepted and signed, at which point you will be given keys to the property.
Payable with cleared funds at least 48 hours prior to the tenancy start date, either by bank transfer (Faster Payments), bankers draft or by cash over the counter at our nominated bank:
- Deposit
- First months’ rent
Permitted fees
The only payments that can be charged in connection with a tenancy are:
- a) the rent
- b) payments to change the tenancy when requested by the tenant, capped at ?50, or reasonable costs incurred if higher
- c) payments associated with early termination of the tenancy, when requested by the tenant
- d) payments in respect of utilities, communication services, TV licence and council tax; and
- e) A default fee for late payment of rent and replacement of a lost key/security device, where required under a tenancy agreement
NB. Under the RRA no payment of rent can be accepted before the tenancy has been entered into (signed by all parties) otherwise it is a prohibited payement.