Advice For Tenants

These notes are provided as a guideline for tenants who wish to rent a property through Exmouth Property Rentals. Please contact us regarding any specific queries you may have.

General Information

It should be noted by the Tenant/s that all Tenancies are subject to the Approval of the Landlord, and satisfactory References and Credit References being obtained.

Tenancy Agreement
Tenants are advised to read the Tenancy Agreement thoroughly prior to signing. It is a binding legal document. If there is anything that is not understood, it is recommended they should take advice from either the Citizens Advice Bureau or from a solicitor.

Utilities
All tenancies are exclusive of Water Rates, Council Tax, Gas/Oil, Electricity and Telephone charges unless otherwise stated in the Tenancy Agreement. Exmouth Property Rentals cannot undertake the transfer/connection of telephone services, and the tenant must bear this responsibility and cost.

Insurance
Tenants will be required to insure their own contents during the term of the tenancy. This can be via our appointed agent, Homelet, and should be for a minimum sum of £5,000. The Landlord's insurance will not cover accidental damage caused by the Tenants or the Tenant's own personal effects.

Inventory
An Inventory will be prepared detailing the condition of the property. The tenants will be required to check and sign this on moving in.

Account Summary Notes

Upon having your offer on a property accepted you will be provided with the a Brief Summary of Details of the terms of the tenancy and asked to pay a deposit, equal to one and a half month's rent, to secure the property whilst we proceed with the referencing. This will be a Holding Deposit.

Holding Deposit

A Holding Deposit equivalent to one and a half times a month's rent will be taken to secure the reservation of the property until all References, Credit Searches and Tenancy Documents are prepared. Should the Landlord withdraw, this Holding Deposit will be refunded, less charges made for Reference Fees. It should be noted by prospective Tenants that should they withdraw at any time after payment of the Holding Deposit  they will forfeit this amount in full. However, assuming the tenancy proceeds the Holding deposit then becomes a Damage Deposit under the Terms of the Tenancy Agreement.

Damage Deposit

The Damage Deposit is held by the Landlords' agents as stakeholders against diplidations.This deposit is returnable at the termination of the tenancy less deductions where applicable for the following: (a) Breakages and damages incurred during the Tenancy. (b) Necessary cleaning and restoration of the property, furnishing, fittings and garden to pre-tenant condition.

Administration Fee and Referencing Fee

A fee of £125.00+VAT for a single applicant and £175.00+VAT for a joint application is charged to the Tenant/s for the preparation of the Tenancy Documents and other administration costs, including referencing.  We apply to a Credit Referencing Agency, Homelet, for a financial and personal reference grading. Fees for multiple applications are by agreement and an additional fee may be required where a Guarantor is necessary.

Rent Due in Advance

Rent is always paid monthly in advance. It should be noted by the Tenant/s that the last month's rent cannot be taken from the Deposit. The monies as per the Account Summary must be cleared funds in the Exmouth Property Rentals Client Account by your moving in date, therefore, please arrange payment in a suitable form (such as Building Society cheque/Bankers Draft) if there is no time for a personal/company cheque to clear.