Deposits & Fees
Holding Deposit
You will be required to pay a holding deposit to secure the property you wish to rent.
This deposit is non-refundable if you as the prospective tenant fail to proceed for any reason.
The deposit will be refunded should the Landlord for any reason decide not to let the property to you.
In certain circumstances, should you fail the referencing process and were made aware of the criteria required for you to be an acceptable tenant then the holding deposit may be retained as work on your behalf will have been completed and expenses incurred.
Tenant Fees
The fees chargeable to the tenant are to cover the cost of us obtaining references, credit searches, preparation of the tenancy agreement and setting up the tenancy. Please contact us for further information and to confirm our administration fees.
Please note that our administration charges are per person as we need to obtain references for each person moving on behalf of the Landlord.
Tenants Fees - click here.
Security Deposit
Before you take possession of your rental property you will be required to pay a security deposit. This will be up to 5 weeks rent. All security deposits are held within the Deposit Protection Service (The DPS) for more information please see http://direct.gov.uk/en/TenancyDeposit/DG_066391
The security deposit required is in addition to the first month's rent and these monies will need to be cleared funds prior to your move in date otherwise it may delay your ability to move into the property.
Contents insurance
As a tenant your own personal possessions will be at risk, from fire, storm, water damage and particularly from theft whilst in your rented property. You may also suffer loss or accidental damage to your possessions whilst away from home. Whilst in your home you are legally responsible for your landlord's contents should the property you are renting be furnished or part furnished.
We recommend you obtain contents insurance to cover your belongings.
Member of the Client Money Protect Insurance Scheme.
