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Applications

Once you select a suitable property through us, you will need to complete a confidential application form. References will be obtained from your employer/accountant and existing/previous landlord by an independent referencing company who will also carry out a credit reference check. There is a fee of £30 (+ VAT) for this, payable when making the application.

If your application is successful we will require payment of our administration fee before we draw up the legal documents.

The lease

The lease you sign is an important legal document. It is between the owner of the property (the landlord) and yourself (the tenant). You should read the lease carefully and ensure you understand it fully. If in doubt consult a solicitor. The lease places some legal obligations on you, some of which are explained below.

The lease you sign will be an Assured Shorthold Tenancy, which means that, provided you meet all the obligations of the lease, you can stay in the property for the period of the lease (usually six months). If you wish to leave before the lease has expired you are still responsible for paying the rent for the full lease period, in addition to the landlords' re-letting costs. If you wish to leave at the end, you must give one months notice to expire the day before a rent due date.

Once the initial lease period has expired, a new term may be negotiated or the tenancy may become 'periodic' i.e. it continues until either party gives notice (two months for the landlord to the tenant and one month for the tenant to the landlord).

Everybody living at the property over the age of 18 must be named on the lease, and no-one else may move in without written permission from the landlord.

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Contact us

Tel: 0115 933 3047
enquiries@ianpeat.co.uk

Ian Peat Property Management - Fieldbrook House, 82a Grantham Road, Radcliffe-on-Trent, Nottingham NG12 2HY