Fees Payable

HOLDING DEPOSIT - Equivalent TO 1 weeks rent

The holding DEPOSIT is payable to Aspire Sales Lettings & Property Management when you make an offer to rent a property. This is confirmation of commitment to proceed if the landlord accepts the offer. Should terms be agreed for a tenancy, subject to contract and satisfactory references, these monies will be retained toward the first months rent.

Is it refundable?

The Holding deposit is refundable if terms (in principle) for a tenancy are not agreed and will be refunded without delay or deduction. However, should you withdraw for any reason or should your references prove to be unsatisfactory, these monies will be retained towards costs incurred by Aspire Lettings & Property Management in proceeding with the proposed tenancy. Payment of these monies does not constitute the granting of a tenancy.

Security deposit

This is equivalent to five weeks rent. Some landlords that have accepted the inclusion of a pet may also request a pet rent.

The balance is due in cleared funds prior to the start of the tenancy

Permitted Payment – Loss of keys, security device

£30.00 inclusive of VAT
plus the Cost of keys/security device

Tenant

Permitted Payment – Early Termination/Surrender

£50.00 inclusive of VAT
and to pay reasonable costs that the agent has incurred

Tenant

Permitted Payment – Change of Sharer

£50.00 inclusive of VAT

Tenant

Permitted Payment – Variation or Novation of Contract

£50.00 inclusive of VAT

Tenant