Tenants Guide
Everything you need to know about renting with 360 Property Solutions
Property Management is important to us, with all residences subject to 6-12 month inspections, subject to the length of tenancy.
Tenancy Term
The minimum tenancy term for the properties we let is six months. However, a typical tenancy will be for an initial period of one year.
Our agreements have a “break clause” allowing the tenant and the landlord to terminate the tenancy at some point after three months has elapsed.
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A typical notice period for a tenant to terminate their tenancy is one month. Legally, a landlord must give a tenant a minimum of two months’ notice.
Payment of Intent
A sum, equivalent to one week’s rent will be collected to show your intent to proceed with a tenancy. We will make the necessary arrangements, including tenant vetting and references, subject to contract, for the commencement of this proposed tenancy. This fee will be credited against the initial rent in advance payment.
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Security Deposit
Normally equivalent to four weeks rent. This is held against any breakages, missing items or damages over and above normal wear and tear. It is returned at the end of the tenancy, less any appropriate deductions.
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All security deposits are registered with the deposit protection scheme, throughout the duration of the tenancy.
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Rent in Advance
One Month’s Rent – This is calculated on a calendar month basis, by multiplying the weekly rent by 52 and dividing by 12. Any payment of intent made at the begining of the tenant referencing period will be credited to the Rent in Advance payment.
*Please note that in cases where we are unable to reference the tenant or no suitable guarantors are available a different payment regime may be required
Utilities
Unless otherwise stated, it is usually the case that the tenant is responsible for all the utilities supplied to the property i.e. electricity, gas, water and telephone.
Council Tax - The tenant is responsible for this charge and for registering with the relevant local authority
Service Charge - Some properties have communal heating and/or hot water systems, which are paid for by the service charge. In these cases, this charge will be indicated as part of your rent payment on the tenancy.
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For leasehold properties, the landlord remains responsible for the payment of the service charge.
Inventory
It is usual for an inventory check to be carried out at the start (“check-in”) and at the end (“check-out”) of every tenancy, on behalf of both the landlord and the tenant.
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The inventory is to provide a basis for any claim to be made for cleaning, missing items, breakages or unreasonable damage, which may occur during a tenancy. It also helps to protect a tenant from any unreasonable claims by the landlord. Typically, the landlord pays for the check-in and the tenant pays for the check-out.
Property Management is important to us, with all residences subject to 6-12 month inspections, subject to the length of tenancy.