The overall process of getting into a property to rent is far easier than that involved in buying your own house. It usually takes five to ten working days to take up and verify your references, clear your check for your deposit and the first rent period, and organize inventories to be taken.There are some things that must be taken into account when looking at any of the houses to rent on the market. A good letting agent will help with these process and ensure that you as a tenant is being looked after, as well as keeping the landlord up to date with the lettings process and associated lettings legislation.
Holding Deposits
Upon officially applying for the tenancy of a house to rent, you will be asked to provide a holding deposit which is non-refundable in case you back out of the agreement. This deposit will ensure that whilst the paperwork is completed you do not lose the house you have chosen to rent.
Deposit and First Month's rent
You will also be asked to provide a deposit and the rent for the month you are in the property. Your deposit will be kept until you move out to ensure that the costs of any damage to the property is covered and the landlord is not out of pocket. There are 3 Tenancy Deposit Schemes in England, Scotland to ensure that this money is handled fairly and no unnecessary expenses are removed from your deposit when you move out of the property. Make sure you know which scheme your deposit is being held with to ensure you have the guarantee that your money is safe.
The Inventory
This is a complete and detailed report of the contents, repair state of the houses to rent, and furniture on the day you move in. It gives complete details of everything you can see in the house down to any damage to the property. When you receive the inventory make sure you check the details are accurate and raise any issues with your landlord or letting agent.
These are the basic things to expect when you decide to rent a house in order for you to have a smooth and hassle free move into your new home
