Decoding the Rental Process

Navigating the rental process can sometimes feel like deciphering complex code. From Occupational Contracts to legislation changes, there's a myriad of terms and procedures that can leave tenants and landlords alike scratching their heads. That's where Hern & Crabtree comes in – your trusted guide to decoding the lettings lingo and making the rental journey as smooth as possible.

Understanding the Rental Landscape

Before diving into the specifics, it's essential to grasp the broader landscape of the rental market. In Cardiff, where Hern & Crabtree operates, the rental market is known for its diversity, catering to a wide range of tenants – from young professionals seeking urban convenience to families searching for spacious homes in suburban neighbourhoods.

Key Terms to Know

Let's start by breaking down some key terms you're likely to encounter when renting a property:

Occupational Contracts: this is the most common type of residential agreement in Wales, and has replaced the previous assured shorthold tenancy (AST).

Inventory Check: Before moving in, tenants should expect an inventory check to document the condition of the property and its contents. This helps prevent disputes over damages at the end of the contract.

Deposit: Typically, contract holders (tenants) are required to pay a security deposit upfront. This deposit acts as security against any damages or unpaid rent during the contract.
Your landlord must put your deposit in a government-approved tenancy deposit scheme.

Referencing: Landlords and agents will conduct referencing checks on prospective contract holders to assess their suitability and ability to pay rent. This will involve verifying employment, credit history, and previous rental references.

Utilities and Council Tax: Contract holders are usually responsible for paying utility bills (such as gas, electricity, and water) and council tax unless stated otherwise in the occupational contract

The Hern & Crabtree Advantage

When it comes to navigating the rental process, having a trusted partner by your side can make all the difference. Here at Hern & Crabtree Estate Agents, we pride ourselves on our commitment to providing exceptional service and support to both tenants and landlords.

For contract holders, this means gaining access to a diverse portfolio of rental properties, each carefully vetted to meet our high standards of quality and safety. Whether you're searching for a cosy apartment in the city centre or a family home in the suburbs, our experienced team is dedicated to helping you find the perfect place to call home.

Landlords, on the other hand, can rely on Hern & Crabtree to manage every aspect of the letting process with professionalism and expertise. From marketing your property and finding suitable tenants to handling maintenance issues and collecting rent, we take the hassle out of being a landlord, allowing you to enjoy a stress-free experience.

Conclusion

Decoding the rental process doesn't have to be daunting, especially when you have Hern & Crabtree on your side. With our wealth of knowledge and personalised service, we’ll guide you through every step of the journey, ensuring a seamless and satisfying rental experience for all involved. Whether you're a tenant searching for your dream home or a landlord seeking peace of mind, trust us to make the lettings lingo crystal clear.

 

 

 

Sales

Our highly experienced team are well equipped with extensive local knowledge and expertise to assist in selling your property. Our sales progression team has been developed to ensure all parties are kept informed and the sales process moves forward smoothly.

Lettings & Property Management

We work with a number of landlords across Cardiff and the Vale of Glamorgan to manage and maintain their property. This includes finding suitable and reliable tenants while ensuring the property is well looked after and payments are managed.

Probate Services & Estate Management

Our Estate management and probate valuation services are available across the UK. We offer a bespoke service depending on the client’s needs and have experience working across Wales and England.

Land, New Homes & Part Exchange

We assist property developers of all sizes with many aspects of development land and new homes; assessing and finding potential development land sites, marketing and selling new build property and the valuation and disposal of part exchange property.

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Fees

Refundable Holding deposit - Capped at 1 weeks rent

Security Deposit - Capped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000

Rent - The agreed monthly rent

Changes to tenancy - Capped at £100 inc VAT

Early termination charge - Not exceeding the landlord’s financial losses

Late payment of rent - Interest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue

Replacement keys - Reasonable costs or give the tenant the option to purchase themselves

Utilities, council tax, communication services, TV Licence etc - Tenants own responsibility unless otherwise stated in contract