Renting Property with Swakeleys Estates

Useful Renting Tips

Renting property has become an increasingly important sector of the housing market in recent years. Whether you’re an experienced tenant or embarking on your first rental property search, there is much to consider and organize. Whatever your background, it's important that you are prepared!

1. Budgeting

What can you afford? Remember, monthly rent is not the only cost to consider. Factor in household costs such as council tax, utility bills, phone bills, broadband, TV licence, etc. Use this easy check: multiply the rent by 30 to give you the household income required.

2. Knowing What You Need

What type of property suits your needs? Consider size, number of bedrooms, parking spaces, garden access, and more. Additionally, ensure your pets are allowed before viewing the property.

3. Property Search

Good rental properties go quickly! Stay updated by signing up for notifications and stay ready to view properties as soon as they hit the market.

4. Preparing for Application

To ensure a smooth application process, prepare the following:

• Photographic ID for all household members over 18
• Proof of income
• 3 months of most recent bank statements
• Your home address history
• Proof of Residency (bank statement/utility bill)
• Proof of National Insurance Number

5. Holding Deposit and Tenancy Deposit

A holding deposit equivalent to one week’s rent is required with your application. The tenancy deposit will be secured in a Government-approved scheme, ensuring protection.

6. Tenants Fees

There are no upfront tenant fees. The only fees that may be charged during a tenancy are outlined here.

7. Understanding the Tenancy Agreement

Please ensure you read and fully understand the tenancy agreement before signing. If you have any concerns, seek professional advice.

8. Moving In

Once everything is signed, we'll assist with utilities, council tax notifications, and more. Ensure to familiarize yourself with the appliances and the location of key utilities like the water stopcock.

9. Your Responsibilities as a Tenant

Your main responsibilities include:

• Pay rent on time via standing order
• Maintain the property in a clean and tidy state
• Report any issues in a timely manner
• Test smoke alarms regularly
• Be considerate to neighbors

10. Moving Out

At the end of your tenancy, ensure all keys are returned and the property is in good condition. Outstanding bills and rent must be settled to avoid affecting your credit rating.

11. Return of Deposit

Your deposit will be returned after any agreed deductions. If disputes arise, you can contact the deposit scheme dispute service.