Tenant's FAQ's

You will find answers to our most common questions below or, you can contact us on [email protected] for a more in-depth information pack.
 

How is rent paid?

One month's rent is payable in advance on the start date of the tenancy and monthly thereafter. (Different arrangements can sometimes apply: e.g. payment of 6 months rent in advance).

How long is a tenancy usually?

A tenancy is initially for a minimum of a 6 months, fixed agreement under an Assured Shorthold Tenancy. After the initial fixed period the tenancy will become a statutory periodic tenancy unless, a new fixed agreement is agreed.

How much deposit is required?

A dilapidation deposit is payable by the tenant, usually equivalent to 5 weeks rent.

Peace of mind

Stephen Oakley & Co are members of the appropriate regulatory bodies, which not only guarantees exacting standards but also protects your deposit.

 

Penalty/Cancellation

If agreed by Stephen Oakley & Co and /or the Landlord that the Tenant/s can vacate the property before the end of the fixed term tenancy, the Tenant/s will be liable for the Rent, all Utility Bills and Council Tax, until the commencement of a new tenancy, as well as the Landlords Finder’s Fee, which is normally 60% including VAT, of the first month’s rent or, if it is Non-Managed the fee is 96% including VAT, of the first month’s rent.