Securing Your Property

Once you have selected the property of your choice, an initial Reservation Fee will be required to secure the property. In addition to this, an application form for your tenancy will need to be completed and submitted. Here you can stipulate any special conditions or requirements you may wish to apply. All tenants moving into the property will also need to complete a tenant referencing form. This will enable us to establish your financial status and credit worthiness. Once the reservation fee has been received, Ace Property Finder will remove the property from the rental market whilst forms are processed and references are obtained.

REFERENCING REQUIREMENTS

DOCUMENTATION REQUIRED FOR EACH APPLICANT

In order to satisfy the landlord of your eligibility, ensuring that you are able to make monthly rental payments, we will conduct an independent referencing check. This will include an obligatory credit check. To complete this process, you will need to provide us with the following documents:

Completed Application Form.

• Three months’ payslips or up to date Tax Returns if Self Employed.
• Three months Bank Statements
• Photo ID – Passport or Driving Licence
• Proof of Current Address – i.e. Utility Bill, Mobile Bill, Council Tax, Credit Card Statement
• If you are a student, you will need to provide proof of your student status

Landlord & employer References will be obtained by either Ace Property Finder or a referencing agency.

Guarantor

If your financial reference is weak for any reason, we could ask for a guarantor to support your tenancy. This is a serious commitment, as the guarantor will be as responsible as the tenant for all monies due and obligations agreed for the tenancy. Guarantors need to have strong financial references to show that they will not suffer hardship should they be called upon to pay on your behalf

Insurance

Yes! Your contents need to be insured, as the landlord’s insurance covers the actual property, but not your possessions.

HOLDING DEPOSITS WILL NOT BE RETURNED TO YOU IF YOU CHANGE YOUR MIND OR DO NOT PASS THE REFERENCING DUE TO FALSE OR INCORRECT INFORMATION BEING GIVEN.

Payment

Before your tenancy begins, you will be required to make the initial rental payment and deposit (the deposit is usually One Month. We can accept the following methods of payment:

• Bank transfer
• CARD PAYMENT IS NOT ACCEPTABLE

All monies must be received in cleared funds before keys will be given.

Signing Tenancy Agreements

Both tenant and landlord will be required to sign the Tenancy Agreement, which creates a binding letting contract. The contract will clearly state your obligations as a tenant and entitles the landlord to possession of the property at the end of the tenancy period.