A refundable holding deposit will be payable equivalent to one week's rent. This will form part of your first month's rent
A refundable tenancy/security deposit will be payable equivalent to five (5) week's rent. This will be held securely in our Deposit Protection Services account until you have handed back the property.
You will need to pay the agreed rent for the property.
RENT PAYMENTS BY STANDING ORDER
We will provide you with a Standing Order to hand to your bank for your rent payments, which should be automatically deducted by standing order (usually by the 1st of each month), starting on the next 1st of month after your tenancy starts. To ensure your rent reaches our/your landlord's account in time (and to avoid your rent payments falling into arrears) we advise you arrange the payment a couple of days before the 1st of each month.
You will be charged interest (3% above Bank of England's base rate) if your rent is late. You will have an initial 14 days, after which interest will be charged per day, from the first day your rent was late. We strongly advise you to ensure your rent is paid on time.
PAYING RENT ARREARS
You should set up a standing order to pay your rent on time automatically each month. If you need to make an arrear's payment then please visit How To Pay
You will be charged fees for various other reasons. These can include:
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Disclaimer: Please note that the information provided on this website is for guidance only and should not be relied upon. The information is believed to have been correct at the time it was published but is not updated at regular intervals and therefore may not be accurate.