PSL process and application
If you’re interested in our PSL scheme, fill in our application form to request a free property valuation and assessment.
Apply (LINK TO FORM)
What happens next?
- Application - complete the application form
- Initial property inspection - we will contact you to arrange a date and time to inspect your property. The appointment will take no more than an hour.
- Property viability - the initial property inspection will highlight any works we feel need completing before we can consider a lease agreement. We will discuss these works with you if you would like to proceed, we will arrange a follow-up inspection to check that they have been completed to a good standard.
- Letting viability - we will also carry out some market research to decide how likely your property is to let and what we could charge based on its location, size and condition.
- Gas and electrical checks - we will arrange an appointment for your property to undergo a gas and electrical safety check. Please note that this is a chargeable service.
- Documentation - you will be asked to provide the following documents:
- photo identification
- a land registry title document and plan
- a current gas and electrical certificate if available
- written permission from your mortgage lender to say you have their consent to lease your property to us
- a completed landlord questionnaire
- Final inspection - we will arrange an appointment to carry out one final check to ensure all remedial works have been completed and that the property is clean and tidy. We will also carry out a full photographic inventory.
- Signing of the lease - we will arrange a date and time for you to sign the lease agreement.
- Keys - you will be asked to provide two sets of keys
- Lease and payment - on signing the lease, you will need to make a payment for the buildings insurance and the gas and electrical checks. You will also be asked to complete a form confirming which bank account you would like the rental payments to be paid into. Rent is paid monthly in arrears.