Placing a holding deposit tells us tenants are serious about renting a property. It allows us to begin the Rent Now process so we can stop promoting the property to other tenants and start arranging referencing and contracts.
As the name suggests, this is a deposit and is not a charge or fee.
What if I don't want to accept the holding deposit?
No problem! This decision is yours completely. If you do not want to accept the holding deposit that has been placed on your property you can use the link in the notification email we send to reject the holding deposit and return it to the applicant.
Your advertising will not be affected by a holding deposit offered - your listing will only stop being advertised once you accept a holding deposit.
If you have any questions on what happens with the holding deposit, we give more details in this article.