Tenants

Securing a Property

To reserve a property, a Holding Deposit equivalent to one week’s rent is required.

(Calculated as monthly rent × 12 ÷ 52 = 1 week’s rent)

This deposit is non-refundable unless:

Holding Deposit May Be Retained If:

You provide false or misleading information that impacts your suitability as a tenant.
You fail the Right to Rent check.
You do not enter into the tenancy agreement by the deadline.
You delay the process (e.g., by not responding or submiting required documentation within the 15- day timeframe).
You withdraw from the tenancy without good reason.
You fail to take reasonable steps to enter into the tenancy despite the landlord or agent doing so.

If the landlord is no longer able to proceed for any reason, the Holding Deposit will be refunded in full.

Referencing Process

Upon receiving your Holding Deposit, Abels Residential will initiate reference checks via FCC Paragon. Please complete these promptly once received.

Income Requirements:

County Court Judgements (CCJs):

If you have any CCJ (settled or unsettled) within the past 6 years, your application will automatically fail. Please inform us before paying a Holding Deposit if this applies to you.

Guarantors:
If a guarantor is required, they must:

Please note: if reference checks or required documents are delayed, the tenancy will begin on the agreed date, but you cannot occupy the property until all paperwork is completed.

Deposits and Rent Payments

Subject to satisfactory references, you will be offered a tenancy agreement.

First month's rent must be paid via bank transfer, building society cheque, or cash
Subsequent rent payments are made monthly in advance via standing order.
Cheques require 7 banking days to clear.
Late rent payments may incur interest at 3% above the Bank of England base rate, applicable afer 14 days in arrears.

Tenancy Deposit:

The tenancy deposit acts as security for your obligations under the AST. It is refundable at the end of the tenancy, subject to any deductions for damages or breaches. Abels Residential is a member of the Tenancy Deposit Scheme (TDS). Details can be found in your AST.

Tenant Fees & Charges

Company Lets:

Moving In Process

Once referencing is complete:

1. You’ll receive the AST for e-signature.

2. Once both parties have signed, you must transfer any outstanding funds in full.

3. Upon receipt, we’ll confirm the key collection appointment.

Important: All tenants must present their passport and visa in person at our branch when collecting keys. Failure to do so may delay your move-in.

Additional Information

Insurance:

Abels Residential is a member of:

If you have any questions about our fees or processes, please don’t hesitate to speak to a member of our team.