Placing a £200 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 £200 and return it to the applicant, as well as re-advertise your property immediately.
If you have any questions on what happens with the holding deposit, we give more details in this article.