Residential
TENANCY
GUIDE
2017 | Version 3
LETTINGS I SALES I MANAGEMENT I SERVICED APARTMENTS [Link]
LiFE Residential | Tenancy Guide
Tenancy
The rental agreement offered is for 12 months (subject to As of January 2015, all tenancies are processed through goodlord,
contract) and is known as an Assured Shorthold Tenancy if the our in-house tenancy software system. As such, please note the
rent is £100,000.00 per annum or less. For rents over £100,000.00 below charges will occur on the following card payments:
per annum a “High Rent” (non-AST) tenancy agreement will be
used. For Company Tenants we will use a Company Tenancy
UK debit card - 0.75%
Agreement (non-AST).
Non-UK debit card - 2.5%
All Credit cards 3%
Holding Deposit
Tenants can change cards once they have paid their holding
If you are interested in renting one of our properties, you will
deposit if they wish to use a different card to pay their move-in
be expected to pay a holding deposit of one week’s rent of the
monies.
asking price. If the weekly rent is less than £300 per week, we will
require a holding deposit of £500.
The holding deposit is to:
• Show you are willing to move into the property on an agreed
Reference
date Prior to the tenancy being offered, credit, employer, previous
landlord and bank references may be obtained in respect of
• Enable us to prepare the property to be ready for your
all tenants by professional referencing agencies acting on our
occupation
behalf. Any offer of a Tenancy is strictly subject to satisfactory
• Enable us to proceed with references
references being passed. Please note that we will require copies
• Enable us to take the property off the market
of bank statements for the last 6 months from yourself / your
Should the tenancy go ahead, that money will be put towards the guarantor (whichever is applicable). The guarantor must be a UK
initial payment. Should you subsequently pull-out, not move- in homeowner.
on the agreed date or should any references fail, you will forfeit
your holding deposit to cover costs which include:
• Re-advertising the property to let
Proof of Identity
• Costs in lieu of the rent for keeping the property empty and
You MUST supply us with Proof of Identity, consisting of a
not offering it to other applicants.
current signed Debit card and one form of Photo Identification
• Preparation of the Tenancy Agreement and other pre-
(Passport or Driving License Only). If you are a foreign national,
tenancy documents
we require proof of residency, e.g. a residence permit or visa. As
• Any references sought for which you have not separately well as photo ID, we also require a proof of address, i.e. a utility
pre-paid
bill or council tax bill in your name at the given address. A UK
• Any cancellation fees charged by inventory clerks driving license does provide both photo ID and proof of address,
• Any repeat cleaning required prior to the start of a future provided the address shown and that given by you are the same.
new tenancy From Companies, we require a Proof of Identity of the Director or
If the Landlord withdraws the property from the market for any Authorised Signatory, as well as proof of directorship or proof of
reason other than the reasons mentioned above, the holding authority to sign. If you are a foreign national, we require proof of
deposit will be returned to you. residency, e.g. a residence permit or visa. Copies of identification
and proof of residency documents must be taken at one of LiFE
Residential offices with you being present.
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LiFE Residential | Tenancy Guide
Rent Tenancy Deposit Protection Scheme
Rent is payable in advance and MUST be paid by one Standing If the deposit is held by LiFE
Order. You will need to complete one of our Standing Order
All deposits held on Assured Shorthold Tenancies will be
Mandates before moving in and hand this to your bank to ensure
registered with My Deposits ([Link]). Deposits
the payments are set up prior to your next rent due date.
on Company Tenancies or Non Assured Shorthold Tenancies will
The monthly rent is calculated as follows: Weekly rent x 52 / 12 be held by us as Stakeholder.
If the deposit is held by the landlord
Administration Charges It is the Landlords responsibility to register your deposit with a
Tenancy Deposit Protection Scheme and to provide you with a
This includes the cost of preparing the Tenancy Agreement, certificate within 14 days after you paid the deposit.
obtaining references and the check-in.
1st Tenant £300 inc VAT
Additional Tenant £120 inc VAT Check in and Check Out Procedure
Additional Guarantor £72 inc VAT If the property is managed by LiFE
Upon moving into the property, a representative of LiFE
Residential may attend to hand over keys and necessary
Please note these charges will apply should there be a change documentation to you. A detailed inventory will be prepared
of tenants mid tenancy or at renewal stage. prior to the start of the tenancy and sent to you as soon as
possible. It is your responsibility to inform us if you do not
One Tenant changing £300 inc VAT
receive it within 7 days of moving in. You are expected to check
Additional Tenant £120 inc VAT and sign this and return it to us within 7 working days of receipt.
If you do not return a signed copy of the Inventory, or you do not
Additional Guarantor £72 inc VAT
inform us in writing of any discrepancy noted for our approval,
it will be deemed that you accept the Inventory as it stands. It is
If existing Tenant/s wish to take over the tenancy, £72 inc VAT per the Landlord’s responsibility to pay for the inventory. When the
person charge will apply for re-referencing. tenancy ends, a check out report will be prepared and the cost
shared between Landlord and Tenant. Please note, if you fail to
If there is a tenant to be added within 3 months of the Tenancy attend the check out appointment without giving 24 hours’ notice,
start date the cost is £120.00 inc VAT. a cancellation fee may be levied by the inventory clerk which will
be payable by you.
The Check Out Charge to the tenant is £138 inc VAT. Subject to
Renewal of Tenancy the condition of the property this may increase. Please note that
Provided both parties are willing, the tenancy may be renewed should you arrange an appointment with the Check Out company
for a further fixed term. A charge of £159.60 inc VAT is payable for for no later than 12:00pm on your move out day and should you
the renewal of the tenancy, drawing up the renewal documents not attend there will be a cancellation fee.
and to de-register and re-register your security deposit.
If an electronic entry card/fob is required for access to the
property, then you may be charged for the cost of this. At the end
of the tenancy, the amount will be refunded to you provided the
fob is returned with original proof of payment.
If the property is managed by the landlord
It is the Landlord’s responsibility to provide you with an inventory
schedule upon moving in to the property and with a check-out
report when you move out.
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Energy Performance Certificate Disclosure of Tenant’s details to Spark Energy
EPC: Valid for ten years 1.1 At the start of the lease gas and electricity will be provided,
or will be in the process of being provided by Spark Energy
A copy of the energy assessment will be given to you when you
Supply Limited (“Spark Energy”). However this will not
move in. If you require a further copy of the certificate, please
prevent the Tenant from changing to a different energy
notify us immediately, so we can arrange for a copy to be sent to
provider if desired.
you.
1.2
The Tenant agrees that the letting agent may pass the
Gas Safety Certificate Tenant’s name and contact details to Spark Energy for the
GSC: Valid for one year purposes of:
A copy of the Gas Safety Check (where applicable), is left in the a. registering the gas and electricity meters at the property
property for your reference. If you cannot locate the certificate, in the Tenant’s name with Spark Energy, providing gas and
please notify us immediately, so we can arrange for a copy to be electricity to the Tenant and administering the Tenant’s
sent to you. account with Spark Energy;
b. registering the Tenant with the relevant local authority for
the payment of council tax; and
Utilities and Telephone
c. registering the Tenant with the incumbent water supplier
All monthly rents are exclusive of utility charges and telephone
to the property. The water supplier may contact the Tenant
bills. You are required to transfer the utility supplies for gas,
in order to provide further information about its services
electricity, water and the telephone in to your name as well as
and products and conclude an agreement with the Tenant
the council tax at the start of the tenancy. Not all properties have
for those services and products.
gas, and most include water rates. In order to make this process
easier, all our managed properties are registered with Spark 1.3
Spark Energy will use the Tenant’s details only for the
Energy, who take care of the administrative side of all your utility purposes set out above and not in any other way. Spark
needs. Energy will comply with its obligations as a data controller
in the Data Protection Act 1998 and will handle Tenant’s
Please note that on certain developments heating and hot water
data in the manner set out in Spark Energy’s standard terms
bills cannot be transferred into the tenant name. However, you
and conditions and/or privacy notice. If the Tenant has any
will still be responsible for payment of all usage inclusive of any
questions regarding details or use of the Tenant’s data held
standing charges for the term of your Tenancy, should the bills
by Spark Energy, the Tenant may contact Spark Energy
show in either in the landlord or tenants names.
at Ettrick Riverside, Dunsdale Road, Selkirk TD7 5EB or
customerservice@[Link] or 0345 034 7474.
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Telephone Connection
To discuss connection with British Telecom Customer Services
dial 150 from the UK. If you are calling from overseas, you need to
dial your own International Operator who will connect you to our
International Operator on 153. Ask for British Telecom Customer
Services. If you are moving in to a property without a pre-existing
BT line, the fee for connection should be paid by the Landlord.
Council Tax
This is not included in the rent. It is the sole responsibility of the
Tenant to pay this for the duration of the tenancy. A list of up to
date charges for the various boroughs is available on request. If
you are the sole occupier or a student, you may be entitled to a
discount.
TV Licence
You are responsible for the payment of the TV licence, regardless
of whether the television was provided by the Landlord.
(Currently £145.50 per annum).
For further information visit [Link]
Taken as Seen
It is important to know that unless specific requests are made and
agreed between the Landlord and Tenant prior to the agreement
of terms, a property is let “as seen”. This applies to decoration and
those items that are noted on the inventory, therefore if you have
special requirements these must be agreed at the time an offer is
put forward to the Landlord.
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LiFE Residential | Tenancy Guide
Tenancy Agreement
An appropriate Tenancy Agreement will be prepared for your signature prior to the start of the tenancy. It is our policy to
execute the Tenancy Agreements and any Renewal Memorandum Agreements by dating the document as soon as it is
signed by the parties. This may be prior to the actual tenancy start date. Once executed by us, both parties are legally
bound to the Tenancy. When you sign this Tenancy Guide you are confirming your authority for us to execute and bind
the Tenancy Agreement and any Renewal Agreement in this manner without further reference to you
In order to process the Tenancy, the following documents are required: Upon signing the Tenancy Agreement and before moving in, please provide
the following:
r 2 forms of I.D (1 Photo ID) r Rent for the initial period payable in advance
r 1 Debit / Credit Card r Six weeks Deposit
r 6 months bank statements r Administration Fees
r VISA (if applicable) r Signed Standing Order Mandate
If you are a foreign national, we require proof of residency, e.g a residence permit or visa. Copies of identification and
proof of residency documents must be taken at one of Life Residential offices with you being present.
Subject to acceptable references, we require move in monies to be received 7 days prior to the tenancy start date. If we
are not in receipt of your completed references within this time frame, your move in monies will need to be paid as soon
as your references have passed. Keys can only be released once all move in monies are cleared funds in our account.
Property address: 6 Bridgewalk Heights, 80 Weston Street, London, SE1 3QZ
Rent offered: £1950.00 per calendar month
Proposed start date: 29th of September 2017
Term: 12 Months
Break Clause:
Renewal Option:
Parking:
Other:
Subject to Contract
Payment and acceptance of the holding fee does not legally bind either the Landlord or the Tenant to the Tenancy prior
to the signing of the Tenancy Agreement by all parties.
WE CONFIRM THAT WE HAVE READ AND AGREE TO THE TERMS HEREIN
Signature of Tenant
Signature of Tenant
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Audit Trail
Document ID: TG20170109408370131202305134943
Document name: Tenant Guide
Status: Created
Note: All times are UTC/GMC
August 12, 2017
Document Created
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Document viewed by Jean-Marie De Bony(jmdebony@[Link])
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