RESIDENTIAL
TERMS AND CONDITIONS
Guidelines for prospective tenants
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Properties on the Compton Estates are let on Assured Shorthold Tenancies.
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The initial term of Agreements will usually be for a fixed period of between 6 months and two years, which will then continue on a monthly periodic basis.
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A deposit equal to five weeks rent for the property is charged.
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The tenant is liable for Council Tax, Water Rates, Electricity, Gas (if connected) Oil (if used) and all other outgoings, on occupation of the property.
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No subletting of the property is permitted.
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At the commencement of the tenancy, the first month’s rent and the deposit are to be paid in full. Subsequent monthly rental payments are to be made by Standing Order.
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Tenants should be aware that they are committing themselves to a legal contract when they sign the Assured Shorthold Tenancy Agreement and they have a financial commitment and responsibility of care to that property until the termination date. Prospective tenants are encouraged to examine the Agreement carefully and consult with a Solicitor if necessary.