RESERVE YOUR HOUSE FOR £70 EACH!
From 1st June 2018 holding deposits are capped at no more than one weeks rent.
When you apply for a house from the 1st May the deposit you will need to pay will be £70 each. The lead tenant will need to make this payment. We keep this holding deposit lower than the statutory maximum to keep things standard across all houses.
Once contracts are signed, you will need to pay the balance of the full deposit, which remains at £200 for tenants with a guarantor (so a balancing payment of £130), and £300 for those without a guarantor (so a balancing payment of £230).
Once deposits are fully paid we will protect the money within the government DPS scheme. More information is contained in our tenancy FAQ at Student Tenant FAQ
