Putting your best application forward will make you stand out from the crowd and increase your chance of getting the rental property you\’re after.
Here are some top tips to make sure your application for tenancy is processed quickly and easily approved by the landlord.
Check application is fully completed and provide necessary documents
One mistake commonly made by tenants is incomplete information when filling out the application form. Give accurate and up to date details and attach all necessary and relevant documents to better your chances of being approved. These include photo ID, proof of income, and current and past rental history.
Do not forget reference letters
It is difficult for property managers to take applications on face value. They rely on references to evaluate the nature and behaviour of a prospective tenant. In some cases, tenants may not have been renting through a property management agency previously and as such, you should attach reference letters to tell the landlord that you are a reliable and honest individual. Referenced letters from past landlords, employers, past neighbours, and co-workers are very helpful in this regard. Ensure that contact details of these persons are detailed to allow the property manager to contact them.
Offer slightly higher rent than asked
One way to score over other applicants is to offer the landlord higher rent than has been asked. Even a $25-50 higher monthly rent is a very alluring prospect for the landlord.
Costs involved with leasing a property
When you have been accepted for the property you are required to pay the equivalent of 2 weeks rent within 48 hours of acceptance.
The equivalent of 4 weeks rent is required as a Security Bond (held for any damage to the property during the tenancy. If you depart the property meeting all contractual requirements and in the same conditions as when you moved in, minus wear and tear, this bond is fully refunded).
If you are approved to keep pets at the property, you will also be required to pay a pet bond prior to moving into the property.