At Ideal Lettings we are delighted to assist you in finding a new home. We endeavour to make the process as easy as possible.
- You have viewed a property and have decided you would like to take it.
- Fill out an application.
- Wait for the application to be accepted.
- Pay the appropriate holding deposit to take the property off the market.
- Provide two forms of identification – Passport or driving license and one proof of address i.e. utility bill.
Referencing Process - You have viewed a property and decided you would like to apply, before proceeding you will need to ensure that you meet the following criteria:
Affordability - To calculate your affordability for the property you have chosen to rent, take the monthly rental amount, multiplied by 12 and then multiply by 2.5 – for example £700.00 pcm rental, multiplied by 12, equates to £8400.00 then multiplied by 2.5, would require an income of £21,000 per annum. Please note a guarantor’s affordability would be 3 times the annual rental and they must have no adverse credit.
Adverse Credit History - County Court Judgements (CCJ), Court Decrees (CCD), Bankruptcies and Individual Voluntary Arrangements (IVA) will affect the outcome of an application.
If a tenant or a guarantor thinks they may have adverse credit, they can check using Noddle, the callcredit tool (found at noddle.co.uk). This is a free service and provides individuals with an accurate reflection of their current financial status.
Van Mildert - Are a reputable tenant referencing agency who carry out a detailed assessment to ensure your suitability to rent the property in which you have applied for. Please follow the link www.vanmildert.net for further information with regards to their referencing process. Van Mildert will courtesy call you to offer you the opportunity to take their contents insurance policy. If you do not wish to receive this information, please contact the office at the time of being referenced.
Right to Rent - For full information on the documents required for identification please visit the website: https://www.gov.uk/check-tenant-right-to-rent-documents/how-to-checkIdeal Lettings Ltd,
1 Fore Street, Torpoint,
PL11 2AA Telephone Number: 01752812600
“Right to Rent” has recently been introduced. Two types of identification is required. For full details please visit https://www.gov.uk/government/publications/right-to-rent-document-checks-a-user-guide