Once the decision is received, you will be notified of one of the following within 15 days:
You have been accepted:
You will be notified that you have been accepted and will be asked to confirm your tenancy start date. Abacus Letting Services will then draw up the tenancy agreements.
Guarantor is required:
You will need to provide the details of your guarantor, who must then complete a reference form within 3 working days. If not, the landlord may re-advertise the property.
You have not been accepted:
Regrettably, this will mean we cannot continue with the tenancy as the references have failed. You can contact the referencing company for an explanation should you be concerned about the decision.
Signing Tenancy Agreements and paying the deposit:
Once the landlord has agreed to the tenancy, you will be invited to sign the tenancy agreements. All adults who have been referenced, including a guarantor (if applicable), will need to sign the tenancy agreement.
You will then need to pay the security deposit by bank transfer, the deposit will be the equivalent to 5 weeks rent. For example, if the rent is £600 the deposit will be £692.