How do I apply?

To reserve a property, with First 4 Lettings, the following procedure must be followed:

  1. Ensure each tenant can provide their own 'Guarantor':
    Guarantors must be in full time employment and a UK homeowner - if any guarantors are retired or if any tenants are international students, please contact us to discuss further
  2. One tenant ONLY must contact us and provide the following information:
    • Property address that you would like to reserve
    • Lead Tenant's full name and contact number
    • Full names of all tenants, email addresses and mobile numbers
    • Full names of any tenants that need to move into the property before September
  3. Call 01162706000 to make payment of the Holding Deposit (payment to be made via UK Debit Card ONLY)

What happens after payment of the Holding Deposit?

  1. We will email all tenants a 'Reservation Receipt' to sign electronically via Adobe Sign. This confirms that the property has been reserved and must be signed within 24 hours. (This is sent to the Lead Tenant first to sign and will be sent to the subsequent tenants thereafter)
  2. We will electronically email a 'Student Application Form' to all the tenants to complete (this must be completed within 24 hours)
  3. Each tenant must provide their Photographic ID (Driver's licence OR Passport) AND Student ID / Student Confirmation Letter within 24 hours
  4. Once in receipt of the above, the tenancy agreement will be emailed to all tenants to sign electronically via Adobe Sign. (This is sent to the Lead Tenant first to sign and will be sent to the subsequent tenants thereafter)
  5. Payment of the balance for the first period of rental will be due at this time

FAQ’s

What is the 'Lead Tenant's' role?

The following is a non-exhaustive list of the Lead Tenant's duties and responsibilities:

  • Corresponding and dealing with First 4 Lettings, with regards to all aspects of the tenancy, including payments;
  • Acting on behalf of all tenants and any third party when dealing with the deposit;
  • Acting on behalf of all tenants when dealing with any utilities associated with the property.

What is the Holding Deposit?

Payment of the Holding Deposit ensures that the Property has been reserved and will not be offered to any other applicant(s) by First 4 Lettings, awaiting the completion and receipt of all paperwork as per the 'Reservation Receipt'.

Should any of the tenants/guarantors fail to return their completed paperwork or sign the 'Reservation Receipt' within the allocated time, the Holding Deposit will be forfeited and the property will be re-marketed.

The 'Holding Deposit' will be applied towards the first payment of rental.

All properties are let on a 'as seen basis' and any changes to the specification/furnishings of the property will only be agreed at the time of reservation by email. It is your responsibility to enquire as to what the exact furnishings are when you reserve the property, as some items you see at the property at the time of viewing may not be included when you move in.

What is a Retainer?

What is the Security Deposit?

A deposit is paid to cover any breakages, damage or other tenant liabilities but not to cover rent. This is usually £250.00 per tenant.

If First 4 Lettings are managing the property, the deposit will be protected with 'The Deposit Protection Service (DPS)' under their custodial scheme. More information on this scheme can be found at www.depositprotection.com

If First 4 Lettings are not managing the property, the deposit is transferred to the Landlord and the Landlord will be advised of their duties and obligations with regards to the deposit.

At the end of the tenancy, a property inspection is carried out to assess any damages/deductions due.

How is Rent paid?

On a standard 12 month tenancy (01 July - 30 June) and if First 4 Lettings are managing the property, 'RENTAL PAYMENTS' are due as follows:

DUE DATEPERIOD
SIGNING OF TENANCY AGREEMENTJuly & August
31/05September
30/09October, November, December & January
31/01February, March & April
30/04May & June

RENTAL PAYMENTS MUST BE MADE BY BANK TRANSFER, UNLESS OTHERWISE ADVISED

RENTAL PAYMENTS MUST BE PAID IN FULL FROM ONE ACCOUNT ONLY

Rent is calculated on a calendar month basis, by multiplying the weekly rent by 52 and dividing by 12.

What is a Tenancy Agreement?

Once a property is reserved, all tenants will be required to sign a joint tenancy agreement. This is a legally binding contract between a landlord and a tenant specifying the terms and conditions of their rental agreement. Standard tenancy agreements are for a period of 12 months from 1st July - 30th June (the following year).

The tenant's liabilities will be 'joint and several'. The key point to note here is that all tenants are jointly responsible for all aspects of the agreement. For example, should any one of the group default on any aspect of the agreement (i.e. rental payment), we have the right to pursue others within the group for the payment of that share.

What happens at Move In?

 

  • MANAGED BY FIRST 4 LETTINGS:

 

The lead tenant will be responsible for ensuring that an email is sent to us to confirm the name, the date and the time (ONLY during our office hours) of the first tenant moving in. Appointments for key collection must be made a minimum of two weeks in advance to ensure all documentation is prepared and ready. Failure to make an appointment to collect keys will result in keys NOT BEING ISSUED.

The first tenant moving in, will be issued with all keys and will be required to confirm and sign the 'Property Inventory/Schedule of Condition'.

The 'Property Inventory/Schedule of Condition' is a full and detailed report of the furniture, contents and state of repair of the property. It will list all rooms in the property and all of the major areas in each room, giving details of knocks, marks, stains, and any of damage that is available to the naked eye. If there are any fittings, fixtures, furnishings or other contents that are being made available with the property, these will also be listed.

It is your responsibility as tenants to ensure all relevant utilities and the council tax have the correct meter readings and details.

 

 

  • NOT MANAGED BY FIRST 4 LETTINGS:

 

Tenants will have to contact their landlord directly for key collection, unless otherwise advised.

The Landlord's contact details along with ongoing rental payment details will be provided prior to the tenancy commencement date.

Property Valuations

Are you interested in finding out what rental price your property could achieve? If so, then please contact us to get a FREE valuation. You have nothing to lose whilst getting our expert advice.

Landlord Yield Calculator

Look at our FREE RENTAL yield calculator to see if your property is a good investment. Contact us to see what we can do to make your investment more profitable.

Students

We have a large selection of student properties located near both UOL and DMU. With a budget to suit all students, First 4 Lettings is the one stop shop for all looking to secure student accomodation in Leicester.

Maintenance

Tenants can have the peace of mind that all our managed properties are fully maintained by our 24/7 maintenance department. All issues are dealt with in a swift and prompt manner to ensure your stay in the property is as enjoyable as possible.

Featured Properties

Fees

PERMITTED PAYMENTS

As well as paying the rent, you may also be required to make the following permitted payments:

1) Holding Deposit: Up to one week’s rental

2) Deposit: One month’s rental (5 weeks rental dependent on individual’s circumstances)

3) Payments for utilities (gas, electricity & water), communication services (telephone & broadband), Installation/Subscription of cable/satellite, TV licence and council tax

4) Default Fee (late payment of rent): If full Rent is not paid within 14 days or more of the Rent Due Date there will be a charge 3% plus the Bank of England base interest rate of the full rental amount until full payment is received

5) Default Fee (breach of tenancy agreement, any other permitted payments, under relevant legislation including contractual damages): For any breach of the tenancy agreement based on the reasonably incurred costs of the agent or landlord

6) Replacement of keys, fobs or other security devices

7) Default Fee (changes to the tenancy): An administrative charge of £50.00 or greater for any assignment, variation or novation of the tenancy agreement made at the tenant’s request (only if agreed by The Landlord and/or The Landlord’s Agent)

8) Payments in respect of early termination of a tenancy agreement at the tenant’s request


TENANT PROTECTION

First 4 Lettings is a member of Client Money Protect which is a client money protection scheme, and also a member of PRS (Property Redress Scheme), which is a redress scheme.