First time renting guide
Whether you're renting a property for the first time, looking for a stop gap in between house sales or relocating, there are a number of things that you should consider to get the perfect rental property for you.
Below is are a few tips when looking for your property as well as what will happen when you rent with The JNP Partnership.
You can also check out the government's How To Rent: The Checklist For Renting In England.
1. Consider your needs
Know your criteria - the first step is to set up a list of things that you want from the property. This will help you when speaking to an estate agent about your move as well as when you're reviewing property options. This could be as simple as a specific location for your commute or a parking space for your car or could be more detailed such as a dishwasher or include utilities covered in the rent.
Know your budget - whatever your reason for renting you will have a budget that you're working to. Make sure to check what costs you may have to pay upfront such as a deposit or rental fees as well as what the costs may be during the tenancy. Do your homework on likely utility costs, council tax and rental insurance you may take out.
You can use our budget planner to help you identify some of the ley costs.
Timescales - how long will you want the property for? Landlords will set different terms for their property rental periods. Some will be happy to do a short term such as 3-6 months whereas others will require a minimum of a year.
Sign up new property alerts - rental properties move a lot quicker than properties for sale so make sure you sign up for alerts to find out when new properties come on the market. You should also visit estate agents adn let them know what you're looking for and what your budget is. That way they will be able to tell you about any new properties due on the market. You can regioster for new alerts with The JNP Partnership through My Move. That way you'll always know what we have available.
Choosing your agent - getting the right agent is important when choosing a property. You want an agent who has the right property for you and can give you the best help and support in securing the property and working with you to address any issues that may occur during your tenancy.
2. Viewing properties
Viewings
Make time to view all the properties that you're interested in. In the current market we are finding that some properties are reserved at the first viewing, so make sure you have your finances in place so you can secure the property quickly.
When you're at the viewing make sure you take the time to have a good look round. Check the water pressure, find out how the heating works, check the size of the fridge, etc. If you're viewing a property and the previous tenants are still living there, make sure you know what's included and what belongs to them.
Know how the property is managed
A number of landlords will leave the day to day management to the estate agent so they will deal with any maintenance issues on your behalf. Other landlords will manage the property themselves. It's good to know how your property is managed so you're aware of who to contact if there's a problem.
3. Preparing for the tenancy
Getting your finances in place
Make sure you're financially prepared to make decisions quickly. Once you decide to rent the property you will need to pay your administration fee to start your application. A full list of charges can be found in our Tenants guide to renting
References
We will apply for references in respect of each tenant using a professional referencing company. A credit check, Current/Previous Landlord’s (where applicable) and employer’s references will be sought. We will also check other details relating to your financial history. You can find out more about this in our Tenants guide to renting
Deposit
When agreeing to rent a property you will need to pay a holding deposit to secure the property and a security deposit to cover damages. The amount for each property will be shown on the property listing as a deposit and holding deposit amount as well as a link to any other Permitted payments. You can find out more about Permitted Payments here.
We are required to keep your deposit safe. You can find out more about how we do that in the Tenants guide to renting.
Tenancy Agreement
You will receive the tenancy agreement before the start of the tenancy and we must receive the deposit in our bank account before the tenancy starts.
Income Protection & Home Contents Insurance
It's worth thinking about protecting your belongings and your income once you start renting. You can discuss income protection & contents insurance with our partner Embrace Financial Services.
4. During tenancy
Tenancy
Once the agreement has been signed and the standing order set up you may collect the keys on the day your tenancy commences. We will provide you with the Energy Performance Certificate, the Landlords Gas safety certificate (if relevant), contact details for your property and any emergency contractors details.
Move in
When we have received acceptable references and after consultation with the Landlord, a Tenancy Agreement will be prepared which both Landlord and Tenant are required to sign. Guarantors where applicable will be required to sign the Agreement. The guarantors will also need to sign a Deed of Guarantee
Inspections
If the property you are renting is managed by The JNP Partnership we will carry out property visits to make sure the property remains in good repair.
