KILOSTATE, let and manage a variety of furnished and unfurnished properties throughout South London & Surrey. As members of the NALS (National Approved Letting Scheme), The Property Ombudsman (TPO), & TDS (The Dispute Service) all security deposits are held in a designated Clients Account and fully bonded.
Our site is constantly updated to reflect our properties. CLICK HERE to see our latest list. In order to receive a regularly updated list of our available rental properties, please register PLEASE REGISTER HERE and we will contact you with details of new properties to suit your specified requirements.
Please keep in mind that a range of rigourous checks will be carried out on all prospective tenants and we will require at least one full month’s rent as a deposit and one month’s rent paid in advance. Should you be uncertain as to your suitability or have specific requirements, please contact us.
TENANT’S GUIDE
Although Letting Agents have different procedures, this guide is intended as a general overview to assist you when renting a property. We have set out below a few significant pointers to assist you.
YOUR OFFER – Once we have found you a suitable property, you will be in a position to make an offer to the Landlord for consideration. Please note that any offer you make would be subject to you meeting our reference criteria. At this point, you will be requested to provide a RESERVATION FEE £500.00 which holds the property for you.
AGREEING THE LET- As soon as your offer has been accepted by the Landlord, we will apply for references
You will be expected to provide:
IDENTIFICATION
All tenants must provide two forms of identification, the following are accepted to confirm this information:
Full UK driving license
Passport
Birth certificate
Official photo ID
PROOF OF RESIDENCY
All tenants must provide proof of residency, the following are accepted to confirm this information:
Council tax bill (less than 3 months old)
Utility bill (less than 3 months old)
PROOF OF INCOME
All tenants must provide proof of income, the following are accepted to confirm this information:
Pay slips (last 3 months)
Bank statement (last 3 months)
ADDITIONAL INFORMATION
If you will be claiming housing or council tax benefits and receive any of the following benefits, we will require written confirmation:
Housing benefit
Working tax Credit
Child Tax Credit
Child benefit
Job seekers allowance
Income support
Pension credits
Disability allowance
REFERENCES
We will also contact your employer and your landlord (if you are in rented accommodation). Your previous employer will also be contacted if you have recently changed jobs. If you are self employed we will need to contact your accountant. A credit check will also be conducted.
To assist us in collating the necessary references, it would be advantageous for you to inform the above individuals in advance that references are required as these can be returned to us within a matter of a few days, barring any delays.
Occasionally, a GUARANTOR will be required if, for example the tenant has not been continuously employed for the past 18 months; has been working abroad in the previous 6 months; the tenants’ income falls short of our criteria or the tenants’ employment is considered as changeable.
Please note that the same criteria applies to the guarantor and furthermore, the guarantor must earn the equivalent of 3 times the yearly sum of the rent, be in full time employment or be able to prove by bank statements that they have “independent means”. In addition the guarantor must be a homeowner.
The guarantor must be aware that they will stand as guarantor for you, (and your partner if applicable you are moving in to the property with some one else), for the entire occupancy of the property, not just for the period of the initial tenancy term.
HOW MUCH DO I NEED TO EARN TO BE CONSIDERED FOR THE PROPERTY?
Having passed all the referencing criteria to be considered for the property and, subject to the Landlord’s decision, you must earn at least 1.5 times the yearly rent (however, you will require a guarantor) or at least 2.5 times the yearly rent (you will qualify on the income part of the referencing without a guarantor).
TENANCY AGREEMENT – An appointment will be arranged with you to visit our offices to sign the Tenancy Agreement & all relevant documents to complete the letting process.
RENT AND DEPOSIT – You will be required to provide the agreed sum of rent and deposit before taking possession of the property.
The deposit is required for the full tenancy against loss, damage or charges payable at the termination of the tenancy. In most cases the deposit will be held by KILOSTATE in their designated clients’ account and is fully bonded. It is returnable in full at the end of the tenancy subject to final inspection of the property and it should be noted that deductions will also be made for cleaning should the property (and garden areas) not have been left in a satisfactory condition.
Rent is to be paid monthly in advance commencing on the first day of the tenancy and then on the same day each month thereafter. The preferred method is by bank standing order.
FEES - We charge an administration fee which is non-refundable, even if a tenancy is refused on the grounds of references or if the tenant withdraws from taking the property. Where there are more than two tenants an additional amount per tenant inclusive of VAT will be charged. Please contact us regarding current charges.
Please note that all monies to be paid on the signing of the agreement prior to the occupation and should be cleared funds.
CHECK IN AND CONDITION REPORT - If we have been instructed by the Landlord, a Condition Report will be prepared of your new home and a convenient appointment will be made with the Inventory Clerk to carry out a Check In report to coincide with your move in day.
All information is provided in good faith. It does not replace the advice of a qualified legal advisor. We will accept no responsibility for any inaccuracies.
OTHER POINTS OF INTEREST:
The Tenant will be responsible for insuring their own possessions
The Tenant will take over all utilities such as Gas, Electricity, Water/Sewage charges, Council Tax & Telephone upon moving into the property and will be responsible for contacting the relevant suppliers accordingly prior to commencement of the tenancy.
The Landlord is responsible for any repair/maintenance problems to appliances etc. but the Tenant is responsible for any breakages which should be reported immediately.
Decoration of the property must only be done with your Landlord’s permission
No pets are allowed unless the Landlord has given consent
Reasonable notice should be given in the event that the Letting Agent or Landlord wishes to inspect the property outside pre-agreed times.
It is usual for the Agent to inspect the property at least twice during the term of your Tenancy and the Tenancy Agreement should cover this eventuality.
Should you wish to quit your Tenancy earlier than the agreed term, you will be liable for all rent until the end of the agreed Tenancy.
The most common type of Tenancy Agreement is the assured short hold used for 6-12 month lets and usually takes the form of a standard contract between both parties.
However, should any “extras” be agreed such as certain furnishings to be provided by the Landlord, you should ask that an extra clause be added to the agreement to this effect. It should be noted that the landlord is not obliged to carry out promises so it is important that your requests are documented.
The Letting Agents will deal with the property viewings, references, agreements and getting you moved in. If the agent has been instructed to manage the property then you will normally report any repairs or queries to them. If not, then you will deal directly with the Landlord.
The Letting Agent, whilst acting for the Landlord, operates within accepted guidelines in the industry to ensure that you are able to rely on a professional letting agent taking your concerns seriously and advising the Landlord if they are being unreasonable. In this regard, you should be assured that the property conforms to all safety regulations and is fairly priced.