The Jackson guide to renting
Looking for a rental property can be very exciting, but also stressful. Between countless inspections, applications and trying to understand what documents to provide, it can be a complex process. We’ve prepared this guide to make leasing a property as accessible and straightforward for first time renters and seasoned tenants alike.
Step 1: Get prepared
Preparation is key to making the rental application process a breeze. You will need to provide a range of documentation over the course of the application process including personal, work and rental references, and proof of income.
Step 2: Find the right one
Once you have found something of interest, get in touch and arrange a viewing at a time that suits you. Now is the time to introduce yourself to the property manager to build rapport.
Step 3: Time for the paperwork
Fill out a rental application form with the agency including all the documentation you prepared earlier. It’s important that all information is up-to-date and accurate.
Step 4: Sign on the dotted line
If you have been successful in your application our property manager will be in touch to arrange a time to sign the tenancy agreement. This document will outline the details of leasing the property including length and type of tenancy, bond and more.
Frequently asked questions
What documents do I need to apply for a rental property?
In NSW, you’ll typically need to provide identification, proof of income, rental history, and personal references.
How is the rent determined?
Rent is set by the property owner, often with advice from their real estate agent. It’s based on market rates, considering factors like location, property size, and amenities.
What is a bond, and how much will I need to pay?
A bond is a security deposit paid at the start of your tenancy. In NSW, the bond is typically equivalent to four weeks’ rent. It’s held by the NSW Rental Bond Board and is returned to you at the end of your tenancy, provided there are no damages or outstanding rent.
What are my responsibilities as a tenant?
Tenants in NSW are responsible for paying rent on time, keeping the property clean and undamaged, and notifying the landlord or agent of any repairs needed. You must also abide by the terms of your lease agreement.
Can the landlord increase the rent during my tenancy?
Yes, but with conditions. Rental increases depend on the type of lease you have. You can find the latest information on Fair Trading NSW’s website.
What should I do if I can’t resolve a dispute with my landlord?
In NSW, if you can’t resolve a dispute with your landlord, you can seek assistance from NSW Fair Trading or apply for mediation. If necessary, you can also apply to the NSW Civil and Administrative Tribunal (NCAT) for a hearing.