CITY PROPERTY LETS

City Property Lets Ltd

Terms and Conditions

DEPOSIT

To secure any property a deposit equivalent to a months rent is payable this is non refundable unless your application is refused. The deposit is refundable at the termination of the tenancy in accordance with the tenancy agreement and subject to any deductions. Please note that interest is not paid on deposits held.
Accommodation is considered unlet until deposits are fully paid.

RESTRICTIONS

Restrictions may apply to certain properties i.e. relating to pets and smokers, or the deposit may be increased accordingly. All applicants must be over 18.

AGENCY FEES

City Property Lets Ltd charges 33% + VAT of a full month's rent agency fee upon acceptance of any accommodation provided either directly or indirectly by City Property Lets Ltd. This amount is required to cover adminstration costs, costs of credit references, other references and all necessary paperwork.

STUDENTS ONLY

Guarantors may be required under certain circumstances i.e. for students, guarantors are reminded that they will be signing a legally binding document and must be aware of their obligations should tenants default on their payments or if the property is damaged.

PROPERTY DESCRIPTIONS

City Property Lets Ltd undertakes to give a reasonable description of properties and contents, but will not be held responsible for any errors or omissions.

INSURANCE

Contents insurance is a requirement of the tenancy agreement.

KEYS

Keys to the property will not be released until all paperwork has been completed i.e. all parties to the tenancy agrement have signed, standing orders completed, references obtained, guarantor forms returned and all initial payments made.

TENANCY AGREMEENTS

A Draft copy of the tenancy agreement is available at City Property Lets Ltd offices or by fax. Should you have any queries regarding the agrement please seek independant legal advice prior to signing the agreement.

An administration charge will be made of £50.00 plus vat per person, for drawing up a new tenancy agreement at the expiration of the initial term.

Stamp duty may be payable on a tenancy agreement. The tenant is strongly advised to contact their local stamp duty office. it is the tenants responsibility to ensure that any stamp duty due is paid.

NOTICE

Should a tenant need to serve notice prior to the termination of the tenancy then they may be held liable for re-letting expenses incurred.

City Property Lets Ltd reserves the right to make additional charges should rent payments be 14 days late or more as appropriate, i.e. to cover the cost of additional administration and court costs, or any other costs incurred in dealing with breaches of the tenancy agreement. Our hourly rate will be £40.00 per hour. Refunding of overpaid standing orders may also incur charges. Other charges maybe levied for copy tenancy agreements, references for mortgage companies as necessary.

RESPONSIBLITIES

It is important to make sure that all meters are read at the commencement of the tenancy by the tenants and that a note is kept of the readings, you must then contact your chosen service provider to apply for the service. We cannot be held liable for any service not connected on the move in date.

INFORMATION HELD

The information collected here will be secured by City Property Lets Ltd under the terms of the Data Protection Act (1988).

By clicking on this Register button, I/we accept the above terms and wish to register. This is an electronic signature for the purpose of the Electronic Communications Act 2000 which I/we incorporate into this contract with City Property Lets Ltd and is intended to have legal effect.