What You Can Expect From Your Estate Agent Before Renting

Moving house can be a trying process, and if you’re renting it can be even scarier. You’re often dealing with the unknown, and you don’t know for definite if you’re going to be able to secure a tenancy. There are a lot of things you’ll be expected to deal with, including estate agents. Here are some things you should expect from them before you start renting.

Credit Check

The first thing you can expect when you want to move in somewhere as a tenant is a credit check. This is a check that analyses your financial situation. You will need to make sure you have a full-time job, and that you’re earning plenty per month to cover the rent. You will also be expected to provide evidence of this wherever you can. So, make sure your finances are all in order before the credit check is carried out.

Reference

When you’re applying to be a tenant your estate agents will want to carry out a reference as well as the credit check. This is normally done on behalf of the landlord and is vital. It’s a check to see what you are like as a tenant, and how well you managed to keep up with your rental payments, etc. This will happen independently of you, so you need to make sure you prepare for this. You will have to provide someone as a reference, so think about who might be best.

Paperwork

When it comes down to the actual acceptance process, you will have paperwork to sign. Now, when you’re moving in somewhere there will be a tenancy agreement. Make sure you read it before you sign it, as there will be rules you’re going to have to adhere to. You’ll also find that there will be other information too. Read the paperwork thoroughly, and always get copies of everything you sign. This way you can protect yourself if you need to.

Admin Fees

You’re going to have to expect some administration fees when you’re trying to rent. If you’re going through an estate agent, you’ll need to pay these fees when they run checks on you. This is standard practice for all estate agents, so it’s something you have to get used to. Make sure you have money set aside to cover these fees, as you’ll be expected to pay them upfront.

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Face to Face Meeting

Many estate agents will want you to come in prior to signing so they can meet you. A face to face meeting is a good way for them to gauge a little about who you are. It’s important to go in and meet with them and speak to them. You will likely be dealing with these people a lot during your tenancy. So it’s important to familiarise yourself with who they are and what they are like. There will be an individual in charge of your lease as well, so make sure you speak to them as much as you can.

As you can see, the process of renting can often be a complex one. And you’re almost always going to be dealing with estate agents of some kind. That’s why it’s useful to know what to expect from the agent throughout the process. This post should give you some basic idea of what you can expect from them.

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