ALL YOU NEED TO KNOW ABOUT …LEASE NEGOTIATION

If you rent a flat or a home in UK, it’s likely that you will have to sign an AST (Assured Shorthold Tenancy Agreement). These can vary hugely in detail and length from a two pages document to tens of pages of conditions and clauses. It’s important to understand what details should be included, and which are unnecessary or illegal to enforce. To secure the best deal while negotiating your lease terms, don’t forget to discuss all part of the tenancy agreement. Unlike in others European countries, each single detail of the AST can be debated. Don’t be afraid to read and check thoroughly each line of the Tenancy Agreement and be specific when negotiation time comes up.

Rental price, break clause, starting date, condition & specific concessions (pet…), Welcome Home London will conduct negotiations on your behalf; we can manage up to 10% discount on a weekly rent. But it is not just about negotiating price. Getting other concessions such as a 6 month break-clause, rolling notice period, redecoration or new furniture can be even more valuable. Rely on our expertise to get the best possible deal.

To rent a property in the UK, you need to provide an extensive list of documents to prove your identity, employment, character and ability to pay the rent.

Proof of address:

  • Photo ID (valid passport or driving licence)
  • Utilities bill dated within the last three months

Proof of employment and earnings:

  • Current employment contract
  • Letter from employer confirming job title, salary and contract length
  • Recent pay slips from the last 3 months
  • Bank statements (3 last months)

References:

  • Reference from a previous Landlord, stating that payment was timely and that you are a trustworthy tenant
  • Reference from a person (employer, friend) confirming your character

Many agencies now use dedicated referencing companies to check potential tenant’s references, so you will just need to provide names and contact details and they will do the rest. Note that you will be charged for this (from £20 to £100/p depending on the agencies). You will also have to pay a deposit of 6 weeks of rent plus a full first month of rent even before having entered your new home, so you need to anticipate 2 months and a half of rent when you move in. Since April 2007, all landlords using an Assured Shorthand Tenancy agreement who wish to take a deposit from the tenants are legally required to place this in a Government approved Tenancy Deposit Protection scheme within 14 days of receiving the deposit. The money can then be reclaimed at the end of the tenancy and after Check Out Inventory, subject to the adherence of the contract conditions.

ALL YOU NEED TO KNOW ABOUT… INVENTORY CHECK IN

Inventory Check In is one of the most important and stressful moment for a foreign tenant. It must be conducted by an independent company. During check-in, the inventory should exactly details the current state of the property, including descriptions, age and condition of the fixtures, fittings and furnishing. This helps landlords and tenants compare the state of the property at check-in and at check-out. Make sure you agree with the inventory, that it is written in clear language, and defines the terms used to report the condition or cleanliness of items in the property. It must be clear enough for a third party to understand without them being present

Welcome Home London will attend with you through all check in inventory process to secure your best interest and checked that information is clear enough and reported through detailed explanations or pictures. If necessary, we will require on your behalf additional repair works to be done by the Landlord and manage the follow up. This support is part of our services and won’t be charged as an additional fee.

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