As a Tenant, finding a property to rent can prove to be difficult! There is usually a shortage of properties coming onto the rental market in the West Somerset area, and for every property that does become available there will be a number of interested parties. This results in properties not being on the market for very long!
We would advise you to start looking at least 4 – 6 weeks prior to wanting to take a property. You may want to consider taking a property prior to actually needing it, this might also help you secure the property, as most Landlords will not want their property to be empty for more than a couple of weeks.
We also advise you that if you are moving into the area, you might want to consider subscribing to the local paper (The West Somerset Free Press). Most of the Letting and Estate Agents advertise in this paper and it will give you a good idea of what properties come onto the market. It will also give you a taster of the way of life in the region.
Within the West Somerset area there are localised differences in rental prices, generally with a premium on Minehead & Alcombe and some of the more popular outlying villages such as Porlock & Dunster. You may also find that rents within certain periods of the year can vary with a premium on Spring & Summer when the area is at its busiest.
Once an applicant has viewed a property and decided that they would like to proceed with a tenancy at an agreed level of rent over a fixed term, and the Landlord and the Agent are both happy in principlel with this, then a tentative acceptance of this offer will be subject to the following requirements:
- An initial payment of £280 must be paid to the agent as a sign of your intent to proceed with the tenancy.
- All referencing forms are returned completed & signed.
At this point and ONLY AT THIS POINT will the property be removed from the market.
Once the referencing and credit checks have been applied for, under no circumstances can we refund this fee. Furthermore, if at any point should you withdraw your application without good reason after your credit checks and references have been applied for, we reserve the right to deduct any reasonable costs to ourselves and the landlord from the initial payment.
Costs – Before taking the tenancy you should be aware of the following costs.
This is the amount you will have to pay in full before the tenancy starts.
|• Credit check / Referencing||£50 per person+vat|
|• Guarantor (if required)||£50+vat|
|• Administration Fee||£80 +vat (one off fee per tenancy to cover check in / out)|
|• Rent to cover period:||Usually one month|
|• Dilapidation Deposit / Bond||One months rent + £100|
If for any reason the Agent or the Landlord withdraws the tentative offer of a tenancy, the initial payment will be refunded in full, less the cost of the credit checks and referencing. However, if it is found that the applicant has given us false or misleading information, they will be charged for any work completed. The minimum charge would be £50 to meet the administration costs.
When a tenancy is extended a renewal fee is due, to meet the costs of issuing the relevant documentation. £30 +vat for both landlord & tenants