Renting a property is probably the fastest way of finding somewhere to live, but there are still a few steps involved to ensure your time as a tenant is stress free and straightforward. Here's our guide to renting property in North West London. If you're still left with questions, don't hesitate to contact us on 020 7424 3222.
What monthly rent can you afford?
Affordability applies as much in lettings as it does in sales, so it's important to establish what you can comfortably afford to pay each month. Our lettings staff will work this out for you using your salary and other financial details. As well as the regular payments for rental property in North West London, there are some set-up and administration fees, including a deposit equal to one month's rent in advance and a six week damage deposit.
Register your requirements
Once you know how much you can afford, the search process can start. Register with us today and you'll find out about the latest rental properties in Camden and other North West London neighbourhoods even before they reach the internet. Tell us your budget, your desired location and your 'must haves', and we'll send you details of properties that match your requirements.
Choosing a professionally managed property
Tenants are increasingly looking for well-maintained, expertly-run properties and we can show you a selection of available lets that are fully managed by our Property Management Department. As a main point of contact, your Property Manager will deal with the day-to-day running of the property, answer any questions on maintenance and ensure the property meets all legal standards.
Tenancy application and referencing
When you rent a property in London, a letting agent will need to verify who you are in order to proceed with your tenancy application. This means bringing in photographic ID and examples of recent utility bills. While you're in the office, you'll be asked to sign a tenancy application form, and pay the referencing and administration fees. An independent third party will pursue your references - following up with previous landlords and your employer - as well as undertaking a credit check.
Securing a rental property
You will need to conduct viewings in person, to establish whether you like a property. Ask the landlord, tenant or letting agent (whoever is conducting the viewing) about commuting times and rail ticket prices; establish how much the annual utility and council tax bills are (or whether they are included in the monthly rent), and find out about any parking restrictions. It's these questions that will prepare you for the additional financial commitments attached to living in the property you are viewing. It is also wise to visit the property and the area more than once and at different times of the day - during rush hour/the school run, after dark and at the weekend. Once you have found a rental property in North West London that you like, contact your letting agent to make an offer.
Signing the tenancy agreement
When your offer on a rental property in North West London has been accepted, you'll be required to sign the Tenancy Agreement and pay the rental and damage deposits in person. If you are renting a property from us that is professionally managed, your deposit will be secured with mydeposits - a Government-backed protection scheme. If there is anything in your agreement that you don't understand - just ask. We want every tenant to move in knowing what is expected of them, of their landlords and of us, if we are managing the property.
Once all the fees and deposit have cleared and the Tenancy Agreement is signed, the keys to your new home will be available for collection. Make sure you have read and signed an inventory just prior to taking occupancy, and read the meters as soon as you move in. Don't forget to notify utility providers, the local council and the electoral register of your new details.
Collecting the rent
Your rent will normally be collected on a monthly basis by standing order; you will be provided with a standing order form when you sign your Tenancy Agreement. The rent will be collected automatically from your bank account.
Going the extra mile
Our support to you as a tenant doesn't stop the day you move in. If we are managing the property on behalf of the landlord, we'll be at the end of the telephone should you have any concerns or questions. Alternatively, send us an email or drop by in person - we'd be delighted to help.
London Residential is a member of The Property Ombudsman Scheme www.tpos.co.uk
London Residential is a member of The National Approved Letting Scheme www.nalscheme.co.uk
London Residential is a member of Safe Agent and part of a client money protection scheme www.safeagents.co.uk