RENTAL APPLICATION PROCESS

If you are a tenant currently looking for a rental property it is always good to have all your ducks in a row. To avoid any nasty surprises make sure you know your credit record is clean i.e. no judgement's, defaults, trace alerts or a bad credex score for late payments etc. Transunion allows one free credit check per person per year, if you have not checked your credit status this year you can go to www.transunion.co.za. 

DOCUMENTS YOU WILL BE REQUIRED TO SUBMIT: 

1. Copy of ID or Passport (copy of work permit/residence)
2. 3 months most recent bank statements
3. Proof of income - current
4. Proof of current residential address (not later than 3 months old)
5. If employed for less than 3 months, the employment contract must be submitted

YOU WILL BE REQUIRED TO COMPLETE AN APPLICATION WITH:

1. All your personal details
2. Your spouse/partners details
3. Current landlord details
4. Current employment details
5. Next of kin details

OUR APPLICATIONS DEPARTMENT WILL DO THE FOLLOWING CHECKS:

1. Obtain a TPN report to ensure your credit worthiness
2. Check your bank statements and payslip for affordability
3. Confirm your employment and salary
4. Obtain a reference from your current landlord
5. Confirm your next of kin as per your application

The application process can take up to 24 hours. Your agent will contact you to let you know whether your application was successful. Even though we at Etchells & Young have a very strict application process, at the end of the day the final approval still lies with the property owner.

THE DEPOSIT IS CALCULATED AS FOLLOWS: 

1. Deposit: R5000 (equivalent to one month's rental)
2. Admin fee: 10% of the monthly rental or a maximum fee of R950 + vat
3. Deposit is payable upfront

TPN | TRANSUNION (ITC)

The TPN report facilitates the identification of risk of a potential tenant by reviewing contact details, defaults and any notices from past leases. 

The report will return a detailed tenant lease history that includes the lease amount, date and duration of lease, agency details, and contact number of the tenant at the time of the lease.

TransUnion provides a copy of your latest credit record, which contains the following information about you:

  • Your name, ID number and last known address
  • A record of your payment habits over the past 24 months
  • Any judgements or court payment orders against your name
  • Trace alerts – red flags which inform your creditors when your address changes

RENTAL APPLICATION PROCESS

If you are a tenant currently looking for a rental property it is always good to have all your ducks in a row. To avoid any nasty surprises make sure you know your credit record is clean i.e. no judgement's, defaults, trace alerts or a bad credex score for late payments etc. Transunion allows one free credit check per person per year, if you have not checked your credit status this year you can go to www.transunion.co.za. 

DOCUMENTS YOU WILL BE REQUIRED TO SUBMIT: 

  • Copy of ID or Passport (copy of work permit/residence)
  • 3 months most recent bank statements
  • Proof of income - current
  • Proof of current residential address (not later than 3 months old)
  • If employed for less than 3 months, the employment contract must be submitted

YOU WILL BE REQUIRED TO COMPLETE AN APPLICATION WITH:

  • All your personal details
  • Your spouse/partners details
  • Current landlord details
  • Current employment details
  • Next of kin details

OUR APPLICATIONS DEPARTMENT WILL DO THE FOLLOWING CHECKS:

  • Obtain a TPN report to ensure your credit worthiness
  • Check your bank statements and payslip for affordability
  • Confirm your employment and salary
  • Obtain a reference from your current landlord
  • Confirm your next of kin as per your application
The application process can take up to 24 hours. Your agent will contact you to let you know whether your application was successful. Even though we at Etchells & Young have a very strict application process, at the end of the day the final approval still lies with the property owner.

THE DEPOSIT IS CALCULATED AS FOLLOWS:

  • Deposit: R5000 (equivalent to one month's rental)
  • Admin fee: 10% of the monthly rental or a maximum fee of R950 + vat
  • Deposit is payable upfront
TPN | TRANSUNION (ITC)
The TPN report facilitates the identification of risk of a potential tenant by reviewing contact details, defaults and any notices from past leases. 

The report will return a detailed tenant lease history that includes the lease amount, date and duration of lease, agency details, and contact number of the tenant at the time of the lease.

TransUnion provides a copy of your latest credit record, which contains the following information about you:

  • Your name, ID number and last known address
  • A record of your payment habits over the past 24 months
  • Any judgements or court payment orders against your name
  • Trace alerts – red flags which inform your creditors when your address changes

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