The Let & Management Process

Searching for a property

• A prospective tenant will search for a property to rent on the Finer Properties website or will search for a property on a property portal which Finer Properties has advertised with online.

• Alternatively, clients can register on the Finer Properties website and be sent emails of newly available properties that match their criteria.

• Or they can fill in an Enquiry form so that an agent can find available properties that match their requirements.

Found a property

§         Once a prospective tenant or Letting agent has found a potential property, a Credit check may be run on the tenant to check their credit history.

§         The agent will arrange a time with the client and Landlord to meet at the chosen property or meet at the Finer Properties office where the Letting agent will then take the client to view the property.

§         If the client is satisfied with the property and would like to have it. Then the Letting agent and client will return to the office, where the agent will go through the relevant paperwork and payments with the client.

 Holding & Securing a property

§         Tenants will be given an Application Form to fill out which requires them to provide Two References & a UK based Guarantor.

§         At the office the tenant will be asked to read and sign Finer Properties Terms & Conditions, the Terms of the Tenancy Deposit, and the Deposit Agreement.

§         Tenants are required to pay a holding deposit, deposit, agency fee, set up a standing order and sign an Assured Shorthold Tenancy Agreement. A Tenancy Agreement is a shared and binding agreement, which states the responsibilities of both landlord and tenant during the tenancy. This is to be read and understood before signing. The duration of the tenancy can be for a minimum of 6 months but is usually for a period of 12 months.

Managing a Property

§        Landlords are required to read and agree to Finer Properties Management Terms & Conditions, which is to be signed.

• A Management Agreement is a binding agreement, which states the responsibilities of the managing agent on the landlords behalf during the tenancy. The Landlord must read and understand this contract before signing it.

• A Standing Order is to be set up so payments can be made directly to Finer Properties for managing the property.

Before, During & After the Tenancy

• Finer Properties pre-prepares and goes through an inventory at the property with the tenant to check the condition and contents contained within the property. This initial inventory can take place either before or on the day the tenant moves into the property, this should be checked and signed for by tenant and landlord. A final inspection will also take place at the end of the tenancy.

• Once all the various checks have gone through, the relevant paperwork has 

      been signed and all funds are paid for, then the keys can be released to the    

      tenant and signed for.

• Upon moving into the property, it is then up to the tenant to set up a phone line, internet, tax etc and to terminate them at the end of the letting and redirect their mail.

• Throughout the tenancy Finer Properties manages the property and will be responsible for: - monthly rent collection, regular inspections, arranging maintenance, tenant enquiries & problems, providing a 24 hour emergency number for tenants, health and safety checks etc.

Contact Finer Properties on:
Tel: 0161 443 2445 | Fax: 0161 442 3200 | Email: info@finerproperties.co.uk