Steps between saying yes and providing the keys

RLA Member_961
RLA Member_961
0 Thanks
5 Posts
13 years ago

I'm new to this business and I just wanted to confirm the following is correct.

0. Ask tenants lots of questions, making sure they are properly interested and can afford the rent.
1. Show tenancy agreement, agree details and confirm it is sufficient for their needs.
2. Take a holding deposit of half a month and explain to them if the references return badly or they don't come up with the cash it is non-refundable. If I change my mind it is refundable.
3. Sign a pre-tenancy agreement.
4. Complete references, checks & forms. Identity, employers ref, previous landlord ref, show bank statements, complete tenancy app form & personal details form.
5. Ensure all funds are cleared in bank.
6. Put deposit in government approved holding scheme.
7. Sign tenancy agreement along with s21 forms.
8. Hand keys over.

Is this about right?



Please Login

You must be logged in to participate in our forums, to continue please login below.

Not a member? From only £99 you can join in the discussion and get access to member's only resources and services.

As the home for landlords, the NRLA are here to help you save time, save money, and stay compliant. NRLA membership gives you access to a vast range of expertise, resources, and exclusive member benefits and savings, designed to help and empower members. We also play a pivotal role in campaigning and championing the interests of landlords.