Thrive Living offer homes for market rent with a well-established, trusted and professional landlord.
Our market rent portfolio is aimed at working households and families whose needs are not met by social housing (social and affordable rent) yet are not in a position to buy.
With over 10 years’ experience in social and affordable housing, leasehold management and shared ownership, Thrive is a professional landlord providing quality homes where people enjoy living. We pride ourselves on offering:
- good quality, safe homes - with all properties meeting safety requirements
- a convenient and reliable repairs service taking emergency calls 24/7
- regular block inspections, ensuring quality cleaning and grounds maintenance
- a friendly professional call centre that is manned 8am-5pm Monday to Friday.
What type of tenancies do Thrive Living offer?
You would be granted an Assured Shorthold Tenancy agreement, which is renewable yearly - subject to contract.
How long is the tenancy term for?
The initial tenancy term is for a fixed term of 12 months but can be ended by either party by serving two months’ notice after the first four months of the term and to expire no earlier than the first six to eight months.
Can I renew my tenancy?
Providing your tenancy has been conducted in a satisfactory manner, Thrive Living would write to you 10 weeks prior to the tenancy end date with respect to offering you a renewal for a further term.
How much deposit do I need to pay?
If the annual rent is below £50,000, you will need to pay a deposit equivalent to five weeks' rent in line with the ‘Tenant Fees Act 2019’.
If the annual rent is above £50,000 a six-week deposit is taken.
Where is my deposit held?
The deposit will be held and protected with My Deposits.
How is my deposit protected?
Your deposit will be protected with My Deposits and Thrive Living will ensure you are sent the prescribed information within 30 days of receipt.
How long would it take for me to receive my deposit back at the end of tenancy?
You should receive your deposit less any dilapidations 10 days after the tenancy end date.
I am in receipt of Housing Benefit, would you accept me as a tenant?
All tenants need to be credit checked prior to the start of your tenancy commencement therefore, if you are not working you will not be able to be credit checked.
If you have a UK based guarantor who is a homeowner and is willing to both guarantee you and undergo a credit check, you may be able to rent a property from us.
Would I need to undergo a credit check?
Yes, all tenants need to undergo a credit check as well as a ‘right to rent’ check.
If you decided to pay six months’ rent up front, please note a Landlord reference will still be required as some local authorities require references due to licensing schemes that they may operate.
What if my credit check is unsatisfactory?
If your credit check is not satisfactory, we would ask you to either pay six months’ rent in advance or provide a UK based guarantor who is a homeowner and available to be credit checked.
Are the properties you provide furnished or unfurnished?
All our properties are unfurnished.
What happens if I need to move out prior to my tenancy end date?
You would need to serve two months’ notice in writing. If we are unable to let your property prior to the rent liability date, you will be liable for any rent due.
How often are rents increased?
Rents are reviewed on a yearly basis. You 10 weeks’ notice for any rental increases being proposed, as well as any new terms and conditions for any new fixed-term tenancy being issued.
Is the service charge payable separately?
No. The rental level that is agreed at the offer stage is inclusive of service charge.
When is the rent due?
Your rent is due in advance, paid by Direct Debit in line with your tenancy agreement.
Where can I obtain a copy of the ‘How to Rent’ booklet?
You can download the document from here. https://www.gov.uk/government/publications/how-to-rent