The Process - Start to Finish
1. Let Us Know
As soon as you know you’d like to move in, contact our lettings team via our online contact form, by calling us on 01902 290 969 or by dropping us an email at firstname.lastname@example.org.
We’ll then arrange a viewing so you can see the studio apartments we have available to let and the on-site facilities we provide here, including our bar, gym and cinema. Our address is TheStudios, 24 Birch Street, Wolverhampton, WV1 4JA. If you cannot attend a viewing, not to worry. We are happy to offer virtual viewings and can also send videos of the available studios, should this suit you better.
3. Reserve Your Studio
Should you wish to reserve a studio with us, the first thing we need to do is take a £150 holding fee. This holding fee will reserve your studio for a maximum of two weeks from the date the studio becomes available.
This £150 holding fee will then become part of your £700 deposit, subject to affordability checks, which we’ll go through shortly. Should your application be declined, you will be refunded the £150 holding fee. However, if you pull out of the application, the holding fee will not be refunded.
4. Affordability Check
Once the £150 holding fee has been paid to reserve your studio, we will send you an application form to complete, and we will request for you to send the following documents:
- Two forms of photo ID of yourself
- Details and photo ID for your guarantor
- Your most recent three months’ pay slips and bank statements
- Your current employment contract
- If applicable, your visa
Once the above documents have been received, and the application form has been filled out, your application will be sent over to our accounts department to conduct the affordability check.
5. Next Steps
If you are accepted as a resident, your guarantor will then be sent their form to sign, and we will send you a license agreement, fire policy and electrical policy to fill out. At this point, we’ll also agree upon a move-in date and time with you.
If you are declined as a resident, we will request your bank details to refund the holding fee.
6. Move In
On your agreed move-in date, we will then require the total amount due (including the additional £550 to make your total deposit £700), and you’ll be welcomed to the building, handed your key card and shown to your new studio apartment. To find out more about your first day with us, please visit our detailed Moving In page.
We can offer parking for an additional £70 per month.
Your rent is paid monthly through direct debit; called for on the 1st of each month. This is set up with us upon moving in to TheStudios.
After the initial £150 holding fee has been paid to reserve a studio, we would require the following documents to conduct an affordability check:
• 2 forms of photo ID
• Your guarantor’s contact and employment details and photo ID
• The past 3 month’s payslips
• The past 3 month’s bank statements
• Your current contract/proof of employment
• Reference from a previous landlord and/or employer
• Visa/ settlement status (if applicable)
At our advertised rental rates, the minimum stay is 4 months. There is no maximum length of stay - provided a full 4 weeks’ notice is given by all residents.
There are no hidden charges or fees. However, a TV License is not included within the rent and parking is an additional monthly cost of £70. We provide laundry facilities on site which are £3.20 per use for a washing machine and £2.10 per use for a tumble dryer.