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Tenants Service
 

Information for Tenants

Finding a Property
Future Investments Property Services personnel assist tenants in finding properties to rent that meet their needs. We maintain a database of properties available to rent and of prospective tenants and their requirements.

As properties become available, our first action is to contact waiting tenants on the database, whose requirements match the property. Typically, properties to rent become available about two months before occupancy date, so where possible it is advisable to start looking early.

Viewings
Having identified a potentially suitable property, Future Investments Property Services will arrange a viewing. This will be at a time to suit you, and could be at evenings or weekends, subject of course to the Landlords permission.

All viewings are accompanied by a member of staff, who will be able to provide immediate advice and answer any questions you may have.

Offer/ Application
Having decided on a property, you will need to complete a written application form. At this time, any details or requirements are provisionally agreed, such as the occupancy date and duration of the letting.

On application, a Reservation Deposit is required. Assuming the rental proceeds, this will be deducted from the Fees due before occupation as outlined on the enclosed sheet. If the Landlord or we decline your application, this is refunded.

It will however not be refunded if you decide not to proceed for any reason, or if the tenancy fails to proceed due to incomplete or inaccurate information provided in the tenancy application.

References
Future Investments Property Services will take references on behalf of the Landlord. Normally these will include your employer, any former landlord and a character reference. In addition, a credit check will be undertaken.

Where a Tenant is unable to meet the required income or credit checks, the Tenant
may have a Guarantor agree to underwrite any rent liabilities.

Rent
Rents are quoted on a calendar month basis. In addition, the Tenant is usually responsible for Council Tax, Water Rates, Gas, Electricity and Telephone costs.

Rents are payable by standing order (unless alternative arrangements are agreed in advance) to our Company bank account monthly in advance, with the first month's rent due before taking occupation of the premises.

Deposit
A deposit (or 'bond') is required before occupation. This is normally equal to one month's rent, but may be more. Check with our representative. Where we are managing the property, this is held by ourselves as stakeholders in a client account until the end of the tenancy. Where we are not managing the property it will be passed over to the Landlord.

The deposit covers any breakages, damage, or other tenant liabilities. Where Future Investments Property Services are managing, at the end of the tenancy we will check the property in the presence of the Tenant and assess any damages and deductions due.

Please note that the deposit cannot be used by the Tenant to cover rent.

Administration/ Agency Fees
A fee is due to Future Investments Property Services before the start of the tenancy to cover the Tenant's share of administration costs, including preparation of the tenancy agreement and any legal notices, referencing and credits checks, and check-in and checkout.

Where an Independent Inventory Agent is used there may also be a fee from the Inventory agent for the check-in. Future Investments Property Services fees are laid out on a separate sheet that should accompany this information.