The Orchid Letting Process
Confirm your budget – this calculation should be based on your affordability taking into account your incomings and expenses. Usually 25-30% of your annual budget will be spent on your rent with a total of 25-40% of your annual budget spent on rent and utilities combined.
Register with Orchid Lettings – register your interest with Hertfordshire’s leading estate agent.
View suitable properties – let us work together to establish the most suitable properties for you to view and find your new home.
Make an offer – let us put your offer to the landlord.
Its moving day! – get ready and prepare to move into your new home.
Permitted Tenants Payments
Unpaid Rent - 3% above Bank of England Base Rate from rent due date until paid, not levied until rent is 14 days late
Lost Keys or Security Devices - Tenants will be liable during tenancy for replacements
Variation of Contract - £75 inc VAT
Change of Sharer - £75 inc VAT
Early Termination by Tenant(s) - Landlord costs associated in reletting the property
Money Protection Scheme - Client Money Protect. Membership number CMP004486
Frequently Asked Questions
In order to rent a property, there are no fees to pay by the tenant. You will be expected to pay a tenancy deposit, which is a sum of five weeks rent. Your rental deposit will be protected in a Government-authorised tenancy deposit protection scheme. At Orchid we use The Deposit Protection Service (The DPS).
At Orchid, we would strongly advise that all our tenants should take out tenant’s content insurance, in order to protect your possessions. The landlord will insure the building, any furniture, fixtures and fittings that form part of the tenancy agreement, but they will not insure your content. You will find a multitude of insurers who will be able to assist with tenant’s content insurance. We will always happily advise of some providers.
There are rules and regulations that you must adhere to when renting a property. You can find the rules and regulations in your tenancy agreement with us, as well as an overview in the Governments ‘How to Rent Guide’ which you will be given a copy of but can also find here.
At the end of your tenancy agreement, you and your landlord / letting agent need to agree who is entitled to the deposit. Once this has been decided, you can let DPS know. DPS need to hear from both you and your landlord / Orchid before they will make any repayment. DPS usually repay your deposit within 3 – 5 working days of receiving confirmation of who is entitled to the deposit repayment.
A deposit is charged as a safeguard for the landlord if the property is not left in the same condition that it was rented in. Not leaving the property in a good condition would also be a breach of the terms of your tenancy agreement. A deposit also offers peace of mind to your landlord if you were to have rent arrears. In either case, the landlord can make a claim against your deposit to help with any losses that they will endure as identified above. Your deposit is protected in a Government-authorised tenancy deposit protection scheme, and for further clarification, Orchid use The Deposit Protection Service (The DPS) – www.depositprotection.com
Usually pets are not allowed to live in a rental property, however, there are exceptions to this rule and the final decision whether to allow pets or not will be dependent on the landlord. Please let us know if you have pets and we will work with you to find a suitable property, to accommodate both you and your pet(s).
You are required to give at least a months’ notice in writing before the end date of your tenancy agreement which must be on or before your due date for rent.
A minimum rental period is six months up to a maximum of seven years on an AST, however, a traditional letting period of a property is 12 months.
Absolutely not! The decision for a property to be managed is entirely up to the property’s landlord and the fee for this is met by the landlord. A managed property does not affect the market value of a rental property. However it is proven if a property is fully managed by the agent it is an enhanced rental experience!
Council tax, utilities and communication services are the responsibility of the tenant to pay. Meter readings will be taken for all letting’s properties at the end of each tenancy and termination of previous contracts will be organised prior to your move in date, for fully managed properties only.
Our Values at Orchid Lettings
At Orchid Lettings, we have two main guiding principles that we live and work by:
To our tenants, we will never ever rent you a property that we wouldn't rent ourselves and to our landlords, we will never let your property to tenants that we wouldn't rent our own home to. Lettings Testimonials - Coming Soon!
Corporate and Social Responsibility
At Orchid Lettings, we take great pride in our local community and we are incredibly proud to support Boho Boxmoor, Hemel Hempstead Swimming Club and The Collett School.