This Holding Deposit is equivalent to no more than one week’s rent. This holding deposit will be returned to you, in full within 7 days of entering into a tenancy agreement with us. We can, by mutual agreement use this payment to offset the amount of Tenancy Deposit you are required to pay.
The amount of Deposit you have paid
The agreed rent for the property
The deadline for reaching an agreement
You provide us with false or misleading information pertaining to referencing for the property.
You fail a Right to Rent check
You withdraw from the property
You fail to take reasonable steps to enter into a tenancy agreement when we have taken all reasonable steps to ensure you can do so.
Not declaring information such as adverse credit history, CCJ’s, bankruptcies, IVA’s, Debt Relief Orders, rent arrears or misadvising us of your salary. Please let us know if you are in receipt of any Benefits.
Please advise us of anything you think may affect your referencing before the Holding Deposit is taken.
Relevant letting fees and tenant protection information:
As well as paying the rent, you may also be required to make the following permitted payments.
Before the tenancy starts (payable to Capron Gould ‘the Agent’)
Holding Deposit: Equivalent to 1 week’s rent
Deposit: Equivalent to 5 weeks’ rent
During the tenancy (payable to the Agent)
For English properties:
Payment of up to £50 if you want to change the tenancy agreement
Payment of interest for the late payment of rent at a rate of 3% above Bank of England Base Rate
Payment of up to £50 for the reasonably incurred costs for the loss of keys/security devices
Payment of any unpaid rent or other reasonable costs associated with your early termination of the tenancy
During the tenancy (payable to the provider) if permitted and applicable:
Utilities – gas, electricity, water
Communications – telephone and broadband
Installation of cable/satellite
Subscription to cable/satellite supplier
Other permitted payments:
Any other permitted payments, not included above, under the relevant legislation including contractual damages.
Capron Gould is a member of the Safeagent , which is a client money protection scheme, and also a member of The Property Ombudsman, which is a redress scheme. You can find out more details on the agent’s website or by contacting the agent directly.