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Tenant



Why should you let your property through Mark-Nicholas Estates Limited?

Not only do we have an extensive range of properties available to let, our professional and friendly staff are always on hand to assist you making the letting process as easy, quick and as smooth as possible.


Viewings


If you wish to view any of our available properties which suit your requirements, a viewing can be arranged at a time to suit you. An experienced member of staff will attend the viewing allowing any questions or queries you may have to be answered in person.

Applying For A Property


Application forms will be provided at the viewing appointment for all applicants which need to be completed and received by our office along with the appropriate fee (cash/cheque/bankers draft). Once the forms and the fee has been received by our office, this will reserve the property for you which, during this time, all other viewings will be on hold until your application is either accepted or declined.

If an application is declined for any reason, e.g. unsatisfactory references or failed credit search, the application fee is non-refundable. Refunds will also not be granted if you later decide to cancel your application on the property for any reason.


References


As our company policy, we are required, on behalf of the Landlord, to carry out full reference checks.

These include:
  • A credit search of all applicants, including any guarantors if necessary.
  • A full employer’s reference.
  • A full current and/or previous Landlord reference.
  • Photographic Identification is also required (passport and/or driving license).

Referencing & Other Fees

  • Single Application - £120 INCLUSIVE OF VAT - This charge covers for the carrying out of the credit search, the obtaining of current and/or previous employers references and current and/or previous landlord references.
  • Each additional Application charged at £70 INCLUSIVE OF VAT - This charge covers for the carrying out of the credit search, the obtaining of current and/or previous employers references and current and/or previous landlord references.
  • Check-In Fee - £65 INCLUSIVE OF VAT - Covers for moving in charges to include preparation of inventory, taking of meter readings and notifying the relevant utility companies and council
  • Breach of Tenancy Letter - £25 INCLUSIVE OF VAT
  • Returned/Refused Payment Charge - £20 INCLUSIVE OF VAT
  • Late Payment Charge - £25 INCLUSIVE OF VAT
  • Re-Sign Fee - £40 INCLUSIVE OF VAT


Rent


Rent is due, in advance, per calendar monthly and is paid via standing order which is set up on the day you commence your tenancy. Your rent is then paid from your bank account directly to ours ensuring peace of mind that your rent is paid on-time.

Deposit


A deposit is always required on any of our properties and is equal to one months rent unless stated otherwise. This is paid on the day you commence your tenancy and is held in a recognised government scheme if the property is managed by us. If the property is not managed by Mark-Nicholas Estates Ltd, your deposit is passed to the Landlord to place in a recognised government scheme.

A deposit is required to cover any damages, cleaning expenses or breakages, etc once you vacated the property.


Vacating Your Rented Property


A full one months notice in writing is required when you want to vacate your rented property. This needs to be received before your rent date at least one full month before you wish to leave. We do not charge a Check-Out Fee.


 
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