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Selecting a Property

At Chelton Brown we are dedicated to finding you your ideal property. Our experienced negotiators will be pleased to arrange appointments at a time to suit you. You may also search our properties online. 
 

Affordability Criteria

All tenants with income that meets the criteria are combined to create the household income. This must meet the affordability of the property you want to view. The calculation we use is the rent x 3 = income affordability needed to pass our reference checks.

AFFORDABILITY/DEPOSIT CALCULATOR

Monthly Rent

Tenant

DEPOSIT

£450 £15,000 £519
£500 £15,500 £576
£550 £16,500 £634
£600 £18,500 £692
£650 £20,000 £750
£700 £22,000 £807
£750 £24,000 £865
£800 £25,000 £923
£850 £26,000 £980
£900 £28,000 £1,038
£950 £30,000 £1,096
£1000 £33,500  £1,153
£1100 £35,000 £1,269
£1200 £38,000 £1,384
£1300 £42,000   £1,500
£1400 £45,000 £1,615
£1750 £48,000 £1,730
£2000 £60,000 £2,307

 

Do I meet the criteria?

To view/secure any of our properties you must match the criteria below:

  • Be in full time permanent employment 
  • Meet ‘Affordability Criteria’ 
  • Applicants over 18 years old
 

How to secure a property for rent

Now that you have found your perfect home you must complete a Tenant Application either via the app or Paper Form. Please note you must also supply the following documentation:

  • Two utility bills from your current address
  • Photo ID
  • Two months of recent pay slips or a balance sheet from your Accountant
  • Proof you have the legal right to reside within the UK

Fees

 

Company Lets & other non housing act contracts

Company let fee - £400 Inc. VAT
 

NO ADMINISTRATION/APPLICATION FEES CHARGED FOR ASSURED SHORTHOLD TENANCIES

 

PERMITTED  PAYMENTS SCHEDULE – ASSURED SHORTHOLD TENANCIES

Holding Deposit (per tenancy)

One week’s rent.

This is to reserve a property. Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).

 

Security Deposit  (per tenancy. Rent under £50,000 per year)

Five weeks’ rent.

This covers damages or defaults on the part of the tenant during the tenancy.

 

Security Deposit (per tenancy. Rent of £50,000 or over per year)

Six weeks’ rent.

This covers damages or defaults on the part of the tenant during the tenancy.

 

Unpaid Rent

Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.

 

Lost Key(s) or other Security Device(s)

Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).

 

Variation of Contract (Tenant’s Request)

£50 (inc. VAT) per agreed variation.

To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents.

 

Change of Sharer (Tenant’s Request)

£50 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher.

To cover the costs associated with taking landlord’s instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.

 

Early Termination (Tenant’s Request)

Should the tenant wish to leave their contract early, they shall be liable to the landlord’s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.

     

Contact us

4/5 George Row,
Northampton,
Northamptonshire,
NN1 1DF
Telephone: 01604 603433

Contact us

59 High Street,
Daventry,
Northamptonshire,
NN11 4BQ
Telephone: 01327 879431

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Registered Name: Chelton Brown Ltd | Place of Registration: Northampton
Registered Number: 5521012 | Registered Office: 4-5 George Row, Northampton, Northamptonshire, NN1 1DF

 

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