On receipt of instructions from the Vendor, E & C Estates Ltd will prepare sales particulars of the property which will be forwarded to the Vendor for checking and signing off. The Vendor is required to ensure that these particulars are accurate and in no way misleading.
With the consent of the Vendor, E & C Estates Ltd will erect a 'For Sale' board outside the property. It may be an offence for more than one agent's board to be displayed and the Vendor agrees that no other board is erected.
In addition to the sale of property, E & C Estates Ltd offer a wide range of property related services which may be offered to the Vendor and/or to prospective buyers and from which E & C Estates Ltd may receive fee income and commission.
Having found your new home, E & C Estates Ltd will bring to your attention all the costs associated with your rental and will fully discuss the lettings process with you. This is important so that there are no misunderstandings later.
Securing the Property.
Once the terms have been discussed with you and it has been established that you are happy to proceed, E & C Estates Ltd will ask you for a holding fee of £500; this is a demonstration of your intent to proceed with the rental of the property, subject to contract. Please note that this will be credited towards the first month's rent. However, this is non-refundable in the event that you do not proceed or are unable to provide satisfactory references.
Before any Tenancy Agreement can be signed, satisfactory references are required. Please ask for further details about the reference procedure. There is a referencing fee of £50 payable for each Tenant.
Once your offer is accepted and satisfactory references have been obtained, an administration charge of £250 is required this covers cost of production of tenancy agreement, check in and inventory production. There is usually a check-out charge of £50 applicable too at the end of the tenancy.
If a guarantor is required, an administration charge of £100 is required. If, after terms have been agreed, further alterations have to be made to the Tenancy Agreement, a further charge of £60.00 is applicable.
In addition to the fees and first month's rent we require a security deposit which is usually the equivalent of one month's rent. In some cases the deposit may be higher particularly if you intend to have pets in the property.
This deposit will be held by E & C Estates Ltd in a client account for properties we manage and, by the Landlord, for LET Only properties and will be registered with a Government approved Deposit protection scheme for the duration of the tenancy.
If you decide to renew your Tenancy and the Landlord agrees there will be a further administration fee of £80.00.
All payments can be made bank transfer (BACS or CHAPS), debit card or credit card (subject to surcharge), bankers draft or cash by prior notice.
All rent payments are paid by a standing order mandate to either our Company bank account or to the Landlords bank account, whichever is applicable at the time.
Please note that an administration charge of £25.00 will be payable if notice has to be sent to you regarding any late rental payments.
If during the course of the Tenancy a change of Tenant is required then an administration fee of £300 will be required.
Landlords will have insurance in place for their own possession and the building itself, however, this will not cover your personal belongings. Please ensure that you have adequate insurance cover in place for the start of your new Tenancy.