Is the holding deposit the tenancy deposit?

The Holding Deposit together with the additional Deposit becomes the Tenancy Deposit if a tenancy is granted and is transferred in its entirety to the custody of the Deposit Protection Service (the DPS). Still not answered your question? We love questions so fire it at us using the contact details here Please rate this article […]

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How long will the initial period of my proposed tenancy be?

The initial period of the tenancy is as long as you want subject to the agreement of the landlord. If the applicant or landlord do not specify or agree an initial period in advance of the tenancy being granted, by default the tenancy will have an initial term of 6 months. Still not answered your […]

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Do I need to contact energy providers at the start of my tenancy?

No – We will on your behalf notify, at the commencement and at the end of the tenancy, the local authority responsible for the collection of Council Tax and any providers of any electricity, gas, oil and any other relevant fuels, water and environmental services to the property. If you have not received a welcome […]

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If my offer is accepted what are the next steps?

The granting of a tenancy will be subject to: • Completion of Reservation Agreement and payment of Holding Deposit • Completion of tenant reference application and satisfactory references (incl. any pet references and references from all landlords in the last 3 years) • Provision of proof of immigration status • Provision of proof of personal […]

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How much is the holding deposit?

The Holding Deposit is different for every property and is shown in the written particulars (on our website and property portals) for the property. The Holding Deposit is equivalent to 5 weeks rent and can be calculated by multiplying the monthly rent by 1.25 e.g. rent of £700 per calendar month = Holding Deposit of […]

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