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© 2016 Dwellworks

Page 31

Discovering the U.K.

Funds due are as follows:

1. Agent's fee (this is usually equivalent to the holding fee – as above)

2. First month’s rent in advance

3. Security deposit (generally the equivalent of six weeks rent). This is a sum of

money that is held by an independent party to cover the cost of any repairs of

damages to the premises at the end of the tenancy

It is essential to be able to pay the money for the above to the letting agent prior to the

commencement of the tenancy start date, so that the agent has cleared funds in the client’s

account. Until this is paid, the keys will not be released to you. If your company is assisting

with these costs, notice of the requirement and the banker details of the Letting Agent need

to be made available in plenty of time to enable the transfer to be made.

Responsibilities of a Tenant

The responsibilities of both tenant and landlord are detailed within the Tenancy Agreement,

although some conditions may vary slightly from one property and landlord to the next. For

instance, in apartment blocks, there are often rules that everyone in the building must abide

by.

Whilst tenancy agreements provide tenants with certain rights, they also contractually bind

you to certain responsibilities. Breaking the terms of your tenancy agreement can lead to

eviction from the property. A general guide to what is expected of tenants in the private

rental sector in the U.K. is listed below. Please note that there is a slight variation in property

law between England and Scotland although a tenant’s responsibilities are broadly the same

in each country.

Variations and additions to the terms may have been agreed to in your Tenancy Agreement;

please read through the Agreement to ensure that you are aware of your own obligations

whilst Tenant/Occupier of the property. If you require any further clarification on any of the

terms, please talk to your Consultant who will be pleased to assist.

Tenants in the U.K. agree to:

Pay the agreed rent in full and on time. Failure to make timely payments will result in

a breach of contract and can incur monetary penalties

Pay any bills that you are responsible for (such as water, electricity, gas telephone,

television licence)

Make sure no damage is caused to the property or its contents, whether by yourself

or members of the household or visitors

Consult your landlord before making any alterations to the property; please ensure

you obtain written permission

Report any damage or need for repairs to the landlord as soon as possible. (In

general, landlords are responsible for repairs and maintenance of the exterior and

the structure of the property, as well as the plumbing, wiring and central heating)

Responsibility for looking after internal decorations, furniture, and equipment as well

as minor maintenance (such as checking that smoke alarms are working, changing

light bulbs, etc.)