code of business
Merriebank Lettings & Property Services primarily acts on behalf of Landlords but of course is the permanent link between tenants and Landlords (where fully managed).
Merriebank Lettings & Property Services will endeavor to ensure that individual properties under full management are (and remain) fully fit, clean and comply with statutory requirements. All reported deficiencies are relayed direct to Landlords with a view to them being rectified as soon as is practical.
Deposits are to be lodged with one of the Tenancy Deposit Service backed by the Government. www.depositprotection.com
All applications for tenancies are treated in strict confidence and all applicants are treated in the same way. It is necessary to obtain references and to verify the authenticity of those references. References are obtained from a variety of sources (Banks, employers, credit referencing agencies, previous Landlords etc.)
Any reference taken up which proves to be false may require that the tenancy agreement be terminated at the earliest opportunity.
In general terms applicants must provide evidence that their rent will not exceed 40% of total income. Applicants that do not meet this criteria will NOT be offered a tenancy through this Agency unless supported by a home owning and employed guarantor.
Tenant Holding Deposit
Once submitting an application, along with all of the required documentation a holding deposit will become due if accepted. We then aim to make a final decision within a 15 day period.
The holding deposit is £100.00, unless the rent is £429.00 or less. Then the holding deposit will be equivalent to 1 weeks rent. (Rent divided by 30 x 7).
This will not be repaid in full if you decide to back out of the tenancy agreement.
If you are not successful with the application, i.e. If you fail right to rent checks, provide misleading information or do not supply all the information required within 15 days then this will be returned in full.
The holding deposit will then be deducted from the 1st month rent amount due for the tenancy agreement.
we are here for you
We are committed to safeguarding your personal information. Whenever you provide such information, we are legally obliged to use your information in line with all laws concerning the protection of personal information, including the Data Protection Act 1998.
Please remember you are entering into a legally binding contract and if in any doubt you should seek legal advice before completing any documentation.