Reserving a Property
Once you have found your perfect property, you’ll want to secure it as quickly as possible. Unfortunately the process of establishing whether your references are acceptable can take up to 48 hours. To enable you to secure the property, you will need to provide a holding deposit. This is equivalent to one weeks’ rent. This will be taken off the total 6 week security deposit. You will also be required to pay the reference costs and administration costs. However, should you pull out of the agreement at this stage, you will lose this holding deposit, so make sure you are confident that this is the property for you. Should your references prove unsuitable, the fee will be returned, but you will be charged an administration fee to cover the costs of the referencing.