Tenants Guide to Renting Property
At Regal Estates we want to ensure that you find the ideal property to rent at the right price. Whether you’re looking to rent a house in Kilburn or an apartment in Willesden, Neasden or the surrounding areas, we can help. Our letting agents have more than 15 years’ experience renting properties in and around North West London, and have placed countless tenants in their perfect properties. Below we have outlined the stages of renting property, please review and then contact us.
Step 1 - Register & Arrange a Viewing
Prior to arranging a property viewing you must first be registered with us, providing us with your most up-to-date and current information in full. This is a requirement as we pre-qualify all potential tenants.
Step 2 - The Viewing
Once you have found a property you like the look of we will arrange a viewing. The majority of the viewings are carried out by our letting negotiators, though occasionally landlords will undertake their own viewings.
Once a viewing has been arranged, you will receive a text message or email with the full address details and time to meet at the property. We will call you 1-2 hours before the viewing to confirm. If for some reason you can’t make your appointment please let us know as soon as possible in order to give us enough time to re-arrange a viewing. We will request feedback once you have viewed the property and ask if you wish to make an offer.
Step 3 - Offer acceptance & Referencing
On acceptance of your offer, we will supply you with an offer letter subject to referencing and relevant information for referencing will need to be sent to us, this can be sent via email or you can come into one of our offices.
Step - 4 Holding deposit
We require a holding deposit of two week's rent plus part administration fees to secure the property subject to your reference check to clear. If the landlord withdraws from the tenancy agreement process you will be refunded. If you withdraw from the tenancy the deposit will be retained by the landlord. You will receive an immediate receipt of payment once you have paid the holding deposit and can be paid via debit/credit card over the phone or via bank transfer.
Step 5 - Rental and Deposit
Prior to commencement of the tenancy agreement, the full advanced rent and deposit is required.
Step 6 - Tenancy Agreement & Other Paperwork
Once all references have been carried out as satisfactory we will prepare the tenancy agreement for both parties to sign, there may also be additional paperwork to sign at this stage.
Step 7 - Insurance
We advise you to insure the contents of your property as they are not covered by the Landlord's insurance. We are more than happy to help you to find the right contents insurance solution.
Step 8 - Start of Tenancy
Once all of the paperwork, guarantees and cleared funds are in place the tenancy can commence.
Step 9 - Administration & Tenancy Fees
Any prospective tenants that rent property through Regal Estates will incur the following fees:
- Administration and Referencing fees- £150 per person
- Additional referencing for guarantors - £150 per guarantor
- Deposit - this will be equivalent to one months or six weeks agreed rental
- Change of tenancy – If there is a change to the tenancy agreement during the tenancy period, i.e. one tenant moves out and a replacement moves in, administration and referencing fees will apply.
- We do not believe in excessive charges for tenants, so we do not charge any administration fees on renewal of tenancies.
If you’re interested in renting a property contact Regal Estates. With a selection of properties in North West London we’ll help find you a property to suit your needs and within your budget requirements. Click here to view a list of the properties we have available to rent at the moment. All of our fees to tenants are completely transparent. To see an outline of our fees click here Fees to: Tenants.
If you are looking for a professional letting agent in London feel free to give us a call to discuss your options.