We require a holding deposit of 1 weeks rent. Following receipt of the deposit, we will proceed with references & credit checks. The parties have 14 days from receipt of the deposit to enter into a tenancy agreement unless an alternative timescale is agreed.
If the Landlord decides to proceed with the tenancy the holding deposit will be held towards the tenancy deposit.
Where the landlord / agent decides not to proceed with the tenancy, the deposit will be refunded to the applicant unless:-
1) The tenant fails a Right to Rent check regardless of when the deposit was accepted.
2) The tenant provides false or misleading information to the Landlord or letting agent, which the Landlord is reasonably entitled to consider in deciding whether to grant the tenancy because this materially affects their suitability to rent the property.
3) The tenant notifies the Landlord or letting agent before the deadline for agreement that they have decided not to enter into a tenancy agreement.
4) The tenant fails to take all reasonable steps to enter into a tenancy agreement.
On receipt of satisfactory references each adult will be required to sign the Tenancy Agreement. We will require payment of the initial month's rent & the Tenancy deposit (5 weeks rent less the holding deposit). Payment can be made by bank transfer, debit card, bankers draft or Building Society cashiers cheque. We do not accept credit cards.
CHARGES TO TENANTS
Where a tenant requests changes or amendments to a tenancy (e.g. change of sharer) we will charge £50 + VAT/ reasonable costs if in excess of £50.
Tenants will be charged reasonable costs for replacement of lost keys/security devices.
All applications for tenancy are discussed with the Landlord. The submission of a completed application form does not guarantee the offer of a tenancy.