The Holding Deposit is equivalent to one weeks’ rent and is calculated by multiplying the rent per calendar month (PCM) by 12 and dividing the result by 52. The amount of the Holding Deposit for a property is shown on the listing for the property under ‘Tenant Will Need’. Still not answered your question? We […]
If an applicant withdraws their application or has unsatisfactory references, the Holding Deposit will be refunded less any reasonable costs as defined in the Terms and Conditions of the Reservation Agreement available here Still not answered your question? We love questions so fire it at us using the contact details here Please rate this article […]
The offeror is invited to reserve the property by signing a Reservation Agreement and paying a Holding Deposit. You will be notified only if, and when, each of these events occurs. Until both of these events occurs, we will continue to carry out viewings of the property and will pass on any new offers we […]
The Holding Deposit will be refunded less any reasonable costs, the sum total of which may equate to or exceed the amount of the Holding Deposit. The reasonable costs includes losses for potential rent. Losses for potential rent calculated on a daily basis as follows: Monthly Rent (£) multiplied by 12 (months) divided by 365 […]
Reserve property – complete Reservation Agreement and pay Holding Deposit via this link here Still not answered your question? We love questions so fire it at us using the contact details here Please rate this article so we know how well it answered your question…
No – not yet. Once received, your offer is sent to the landlord for consideration. Immediately we get a response from the landlord we will contact you again. If the landlord accepts your offer the next step is to reserve the property by completing a Reservation Agreement and paying the Holding Deposit. Still not answered […]
Yes – the Holding Deposit becomes part of a Tenancy Deposit provided: The Applicant does not withdraw their application The Applicant has satisfactory references A tenancy is granted The Terms and Conditions of the Holding Deposit can be found in the Reservation Agreement here The total Tenancy Deposit for a tenancy = Holding Deposit + […]
No – The Holding Deposit will from the date of the tenancy agreement, become a deposit in connection with a tenancy.
There are two parts to reserving a property: 1. Complete a Reservation Agreement – available here 2. Pay the Holding Deposit – see here A property cannot be reserved until the an offer to rent the property has been accepted by the landlord (or Jungle Property acting in their behalf).
If the Applicant’s references are not satisfactory as detailed in section 6 of the Terms and Conditions of our Reservation Agreement, a tenancy will not be granted and the Holding Deposit will be refunded less any reasonable costs as defined in section 4 of the Terms and Conditions. More details on what an unsatisfactory reference […]