

Lettings Guide
We are proud to be a Propertymark approved letting agent, so you can be sure of best practice when you rent with us, including helpful advice and transparency of charges.
If you have rented a property before, you may already be aware of many of the procedures involved, but for those who have not, we hope you will find this checklist useful.

Fully Regulated
For example, if you are applying for a property that has a monthly rent of £1750.00, you will need to have a salary of £52,500. Calculations as follows - £1750.00 x 30 = £52,500.
Scheduling in and viewing properties
To book a viewing we are contactable via online enquires (through the Alwyne website and portals), phone 02073593191 or email info@alwyne.co.uk. Once confirmed you will receive an email from us with the necessary information for the viewing.
Submitting an offer
A holding deposit of one weeks rent must be paid to secure the property and take it off the market. This is non refundable in the event that any relevant person (including any guarantor) withdraws from the tenancy, fails a Right to Rent check, provides materially significant false or misleading information, or fails to sign their tenancy agreement or guarantor form.


Referencing
Once the acceptance document has been signed, we will submit your details to the third party referencing company we use. They will send you a link to their online referencing portal where you will need to supply all of the required information and complete the application. You will be asked for details of your current employer, previous landlord and addresses, right to rent and passport, bank statements, proof of funds emergency contact and some further general information. If you are self employed, you will need to provide your accountants details or the most recent tax return you filed.
Before moving into the property you will need to come by the office with your passport for us to take a copy in person.
A check in inventory will take place in the morning.
You will receive a welcome email from us which includes copies of the tenancy agreement, TDS Certificate, gas and electrical certificates, EPC, how to rent guide, Alwyne Management leaflet, what is the TDS, the bank details to pay rent to and details of who to contact for any maintenance issues throughout the tenancy. https://www.alwyne.co.uk/emergency-numbers
You will need to inform the relevant local authority for the Council Tax and chosen utility providers of your move. Usually you will need the
meter readings to arrange for this.

Tenants Fees
Holding deposit | One week’s rent This will need to be paid in order to secure the property and take it off the market. This is non refundable in the event that any relevant person (including any guarantor) withdraws from the tenancy, fails a Right to Rent check, provides materially significant false or misleading information, or fails to sign their tenancy agreement or guarantor form. |
Security deposit Per tenancy - where rent is less than £50,000 pa | Five weeks’ rent A further four weeks rent will need to be paid prior to moving in. This along with the one week holding deposit will make the five week security deposit which will be held on account and registered with TDS for the duration of the tenancy. This covers damages, defaults or rent arrears during the tenancy. |
Security deposit Per tenancy – where rent is more than £50,000 pa | Six weeks’ rent This is the same as the five week security deposit but just an extra week. It is only for tenancies where the rent is more than £50k per annum. |
First months rent | First months’ rent The first rent will need to be paid prior to moving into the property. If you are moving into a property managed (or rent collection) by Alwyne Estates, the rent is due on the 1st of every calendar month (unless agreed otherwise). If your first day is between the 1st – 14th of the month, you will pay the rent for the remainder of that month and your next rent will be due on the 1st of the following month. If your first day is between 15th – 31st of the month, you will pay the rent for the remainder of that month plus an full month making your next payment the 1st of the month after the following one. For example, if you move in on the 2nd May you will pay the rent for the remainder of May and your next payment will be 1st June. If you move in on the 22nd May you will pay the rent for the remainder of May plus the rent for June and your next payment will be 1st July. If you are moving into a let only property/managed by the Landlord, you will pay a full months rent prior to moving. For example, if you move in on the 5th May you will pay the full months rent and your next payment will be on 5th June. |