Where is my deposit held?
Where is my deposit held?

The deposit is taken via our Letting Agent at the start of every tenancy. The deposit figure is normally one months rent and will cover any malice damages.

Bound by the Housing Act 2004, landlords have to place all of the deposit in a government approved scheme. It is referred to as a government-backed tenancy deposit scheme (TDP) and  your rent must be placed into a  TDP within 30 days after receiving it. If they do not the landlord can be prosecuted.

The TDP is protected for both the landlord and tenant and if you do not damage the property and pay your rent on time and in full, you will get the deposit back at the end of the tenancy.

How is referencing carried out?
How is referencing carried out?

Referencing is done as part of the application and the lettings team will try to obtain written references. The idea is to gather information from employees, past landlords and character reference to support the information you provide. A credit search, using an independent referencing company will also be carried out by the lettings team.

If you require a guarantor the guarantor will be referenced in the same way.

What is an AST?
What is an AST?

The most common form of agreement in the UK for a rented property is referred to as an AST and is abbreviated from ‘Assured Shorthold Tenancy’.

As stated on the Landlord Referencing website, an AST applies if

  • you’re a private landlord or housing association
  • the tenancy started on or after 15 January 1989
  • the property is your tenants’ main accommodation
  • you don’t live in the property

A tenancy can’t be an AST if:

  • it began or was agreed before 15 January 1989
  • the rent is more than £100,000 a year
  • the rent is less than £250 a year (less than £1,000 in London)
  • it’s a business tenancy or tenancy of licensed premises
  • it’s a holiday let
  • the landlord is a local council

 

How long is an AST?
How long is an AST?

The minimal length of an Assured Shorthold Tenancy is 6 months with us and once this time period is reached you can opt for a rolling contract with one months notice or you can sign another AST for a further 6 months

Who could I be living with?
Who could I be living with?

All the people who rent a space from Tungsten MG are over 18 professional people. Due to the area that our properties reside they are mainly nurses, doctors, prison wardens, teachers and commuters.
We endeavour to place those in similar careers in the same houses so everyone understands how a shift pattern can impact on someones lifestyle

Can I have a pet?
Can I have a pet?

In our shared houses we are unable to allow pets but it is something we will consider and have allowed before in single let properties

Will you consider me if I am a student or self employed?
Will you consider me if I am a student or self employed?

If you are a student and over the age of 18 we would need to ask for proof of sufficient and consistent income. If you are unable to provide this we would ask for a parent, relative or close friend to guarantee the rent

If you are self-employed, we ask for bank statements going back 3 years.