Tenant’s Deposit and Fees

Once you’ve found the perfect place to live and your offer has been accepted, there will be some paperwork to complete and a holding deposit to pay so that we can start preparing the tenancy agreement and organise the logistics for your ‘move-in’ day.

To make things clear for you we are clarifying our holding deposit and fees below.

Deposit payable and fees (inclusive of VAT)
Holding deposit – per property 1 weeks rent
Holding deposit – per room £50
Change of tenant during tenancy £60
Full Security Deposit 5 weeks rent inc the Holding deposit
Full Security Deposit – per room I months rent inc the £50 Holding deposit

The change of tenant fee covers the administration costs of changing a tenancy if a new tenant is added or a tenant removed.