Renting your property - the process
Whether you are letting or renting a property, we hope the guide below will be both of interest and helpful to you. Our friendly and knowledgeable staff will be happy to help with any enquiries or queries you may have at any stage of the process.
If you require further information or advice please contact our office where our experienced staff will be pleased to help you.
Simply click on the headings below to view a brief explanation of each step in the tenancy process.
- Decide What Your Requirements Are
- Consider Your Costs
- Register With An Agent
- Viewing A Property
- Making An Offer
- Rental Agreed
- Signing The Tenancy Agreement
- Moving In
Decide What Your Requirements Are
Decide what your prerequisites are. What style of property would you like? How many bedrooms will you need? Do you require outside space? And location, transport links and any other must-haves are also worth consideration. It is worth remembering that most landlords are looking for tenants to fill a property within 2 to 4 weeks but this can be expedited should the need arise.
Consider Your Costs
There are a number of costs to be taken into account when renting a property and it is advisable to budget your finances before you begin viewings. Typically these will include:
A monthly rental figure is calculated by multiplying the weekly amount by 52 (weeks) and dividing this by 12 (months). Remember, there are approximately 4.3 weeks.
- Damage deposit: A six-week deposit is required before your move to cover any damage caused during the duration of the tenancy.
- Administration fee: This is charged to cover the cost of drawing up a tenancy agreement.
- Reference fees: charged by the agent for taking up references.
- Council Tax.
- Utilities: Gas, electric, phone and water.
- Your home contents insurance.
Register With An Hudsons
Once you have registered with Hudsons we will immediately begin assisting you in the search for your new home, using our database of central London properties and in-depth local knowledge. The more specific you can be about your requirements, the more able we are to match you to your ideal future home.
You can register with Hudsons by calling our office at 24 Charlotte Street or by using our online registration form. You can find all our contact and registration details by clicking either Register Now or Contact Us or search by using the search box at the top of this page.
Viewing A Property
We will strive to arrange property viewing appointments at times that best suit you, and will accompany you on weekdays, evenings and, by appointment, on Saturdays. The more properties we view with you, the better equipped we are to understand the kind of property you desire.
Making An Offer
Once you have found your ideal home and decide to make an offer, we will submit the offer, on your behalf, to the landlord both verbally and in writing.
At this point it is important to state the length of tenancy you require along with any special conditions. This will assist the landlord in their decision making.
Any offer you make on a property will be subject to satisfactory references.
Any offer you make on a property will be subject to contract, and is not legally binding, for you or the seller, until the exchange of contracts.
Once the landlord has accepted your offer, we will require one weeks holding deposit from you in order to remove the property from the market and away from other prospective tenants.
Signing The Tenancy Agreement
A tenancy agreement will be drawn up for you. This is a legally binding contract clearly defining the rent payable, duration of the tenancy, your responsibilities and rights, the landlord's responsibilities and the scheme under which your damage deposit will be held.
Once the tenancy agreement has been signed we will require from you monies for the six-week damage deposit, one month advanced rent and any administration/reference fees. We will then arrange for you to meet the inventory clerk who will prepare an accurate list of the property's contents and condition. The inventory clerk or a member of staff of Hudsons will then provide you with keys to your new home. Congratulations!
|"If it wasn't for Simon, we wouldn't have got the flat. He didn't just find us the perfect place to house our new son, he was a brilliant help throughout the whole process."
Drew de Soto, London