Home / Living With Folio / FAQ
Here you’ll find answers to the most common questions about renting with Folio. We aim to cover everything from moving in to maintenance, payments, and more. If you don’t find the answer to your question, please contact us, and we’ll be glad to assist you.
Renting with Folio London
Yes, you can still rent with us if you are receiving Housing Benefits. You’ll need a guarantor based in The United Kingdom that can pass our referencing checks. For further information, please see “affordability“, “satisfactory landlord reference” and “credit checks” sections on this page.
*Please note, Folio reserves the right to make a decision outside of these referencing parameters that we have set.
No. Folio London are a Private Landlord, working specifically within the Build To Rent sector. We own all of our properties.
Folio London are also involved in philanthropy, as profits made are invested back into creating affordable homes through Notting Hill Genesis, the wider housing association we are part of.
Tenant Referencing and Criteria
We instruct a third party company, Goodlord, to undertake our referencing checks. Goodlord will contact your referees and ask you to provide certain documentation as part of this process.
You will be asked to submit your tenancy application on Goodlord. This includes providing your personal information so that you can be referenced. Signing of tenancy agreements and payment of any monies which are due before you move-in are also managed within the Goodlord platform.
Goodlord also carry out open banking checks which is a way to simply and securely obtain transactional and financial data to further support our affordability checks. All occupants will be referenced before the move-in can take place.
For further information on our checks, please see “Credit Checks“, “Satisfactory Landlord Reference” and “Right To Rent Status” sections below.https://foliolondon.co.uk/resources-for-renters/faq/#credit-checks
*Please note, Folio reserve the right to make a decision outside of these referencing parameters that we have set.
Please see “Affordability” section on this page.
Please see “Affordability” section on this page
Each applicant (if not a couple or family) must earn 2.5 times the annual rent (30 x monthly rent), be in full time employment and not in a probationary period.
OR
Have a guarantor who earns 3 times the annual rent share (36x monthly rent) and is a UK homeowner.
Please note:
Folio London must receive a satisfactory landlord reference from each applicant with no outstanding grievance from the previous landlord concerning:
To pass credit checks, you must:
If you have a previous CCJ and declare it and/or if CCJ is paid off with proof (court reference number provided) then subject to approval, we may accept with guarantor or payment upfront.
Each applicant must be able to provide the proof of the right to rent status. To prove this you will need the following:
Financial Responsibilities – Bills & Utilities
You will receive a Welcome Pack from your Property Manager when you move in which will outline everything you need to know about your estate and property.
You can use our online portal to pay rent and raise a repair. Click here to visit the resident portal.
For any further queries, you can click here to find out who your Property Manager is and how to contact them.
Utilities are not included in your rent payments. You will typically need to pay any energy bills which may include, but are not limited to, water, electricity, gas and heat. Council tax is also payable unless you are a student, in which case you can apply for exemption via the local authority. You will also need to arrange any personal subscriptions such as broadband or TV.
Council tax bands vary from unit to unit. You can check your council tax band using the following link: Council Tax Bands
Where furniture is offered with an apartment, this is included without further charge. Our units come ‘as-seen’ and any requests for additional furniture or removal of existing furniture will need to be submitted at the time of making an offer.
You can call 020 3815 0980 which will connect you with a member of our Lettings Team
Alternatively, you can click here to find out how to contact your Lettings Negotiator.
Maintenance and Issues
Please contact your designated Property Manager directly for all non-urgent maintenance issues.
Ending Your Tenancy
You will need to serve formal written notice in line with your break clause, directly to your Property Manager. All notice should be served in line with your rent due date.