What happens after an application is approved?
Once you've found the tenants you'd like to have moved into the property it's time to approve their application!
Once you click to approve you will be taken to the lease agreement form which will be partially filled in from the application form and your own account details.
You can then go through and complete the remaining details such as lease start and end date, rent and bond amount and special conditions before signing online with the sms activation code.
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When you sign the lease, it will automatically be sent to the tenants to review and sign online.
As soon as all of the tenants have signed the lease, the first rent payment will be automatically initiated as a means of securing the tenancy for both landlord and tenant. This payment will be held safely in trust until the lease start date when it will be dispersed to the landlord.
Please note: direct debit payments take 3 business days to be cleared by the bank and 2 business days to be transferred to the landlord's account.
Click here to read more info on what happens after the lease is signed.