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Tenants

When you decide to rent a property via McDowalls you will need to complete a tenant check reference application form.

 

Unless you live in the London Borough of Newham, where no letting fee is applicable, McDowalls will contact you to provide you with the necessary details to arrange payment of the referencing fee which is £100.00 per person (including VAT).  THIS FEE IS NON REFUNDABLE.  Only one set of fees per property will be processed at a time.

 

The following original documents will be required on each applicant:-

 

1. Passport and drivers licence (valid)

 

2. National insurance card/ P60/pay slips confirming national insurance number

 

3. Last three months bank statements or bank reference

 

4. Three bills/correspondence or I.D. with name and address dated within the last two months

 

Once McDowalls have received the reference report a moving in date will be agreed and arrangements for the following payments to be made:-

 

1. First month’s rent in advance

2. Deposit

3. Inventory fee

 

This payment must be received in McDowalls account before the tenancy agreement is signed.  All future rent payments will need to be by standing order/bank transfer.

 

Deposit

Rent:  Up to £850 p.c.m.           Deposit £1000
          £851 - £1100 p.c.m.        Deposit £1500
          £1100 p.c.m. and over    Deposit will be equivalent of 6 weeks rent

Inventory fee

£180.00 inclusive of VAT

 

To comply with amendments to the Housing Act 2004, McDowalls are members of the approved Tenancy Deposit Scheme for Regulated Agents (TDSRA). This scheme is specifically for professional agents and is supported by the Association of Residential Lettings Agents (ARLA), the Royal Institute of Chartered Surveyors (RICS) and the National Association of Estate Agents (NAEA). Further details of the TDSRA can be accessed via their website www.tds.gb.com .

 

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