Farr & Farr Lettings are a lettings agency that understands how difficult it can be searching for a property. We want to make this process as simple as possible for all our tenants.
We know that as a tenant, your lives are busy enough, without the added stress of moving homes, undergoing tricky referencing processes or endlessly chasing your letting agent for help.
The way we operate is simple, effective and straight to the point. We take a great deal of care when dealing with all our tenants and we’ll give you fair and honest feedback throughout the process. From the outset, we want to make your life as stress free as possible.
Letting a propety with Farr & Farr
As a tenant, you’re probably in need of a clear and informative breakdown on how the process works.
Step 1 – Viewing
You send an email enquiry for a property you’ve seen on our website. We will then ask you several questions relating to your situation. These will include who’ll be living at the property, what’s your profession, how much you earn per annum, your credit history, if you have any children or pets and so on. We generally look for all tenants to earn 2.5x the annual rent, before tax. An easy way to calculate this is ‘rent’ x 30.
Step 2 – Application
Once you’ve attended the viewing, you’ll need to let us know as soon as possible if you’re interested in proceeding with the tenancy. We’ll have several applicants per property so it’s best to do this as soon as possible or you’ll miss out. Your situation will then be presented to the landlord using all the information you provided to us earlier. From this, the landlord will decide on who they wish to proceed with.
Step 3 – Reference & Contract
If you’ve been accepted, you’ll begin the referencing process. You’ll be contacted by our reference partner to pay a one weeks holding fee. You’ll then provide further information on your employment situation, residential status and credit history. Our reference partner will check all your information to make sure you meet the criteria needed. After these checks have concluded, you’ll be sent the contract to sign, pay your deposit (equal to 5 weeks rent) and rent. All our rent is due on the 1st of each calendar month so, if you move in mid-way through a month you’ll pay a prorated payment up till the end of that month. Finally, once the contract is signed and all monies paid, you’ll collect your keys on the start date of your contract and begin your tenancy.
Tenant Fees & Charges
The only payments you will be charged with in connection to the tenancy are:
- A refundable tenancy deposit capped at no more than five weeks’ rent.
- A refundable holding deposit to reserve a property capped at no more than one weeks’ rent.
- Payments to change the tenancy when requested by the Tenant capped at £50.00, or reasonable costs incurred if higher.
- Payments associated with early termination of the tenancy, when requested by the Tenant.
- Payments in respect of utilities, communication services, TV licence and council tax.
- Cost of replacing lost keys/security device
- Fee for late payment of rent. Charged at 3% above the Bank of England’s base rate for each day that the payment has been outstanding. This can be charged after 14 days of rent arrears.
concise with no nasty or hidden fees. An example of this would be that we do not charge you an arrangement fee for overseeing any maintenance at your property.
Our Full Management package is fully inclusive and covers just about everything we’ll ever do on your behalf.