A holding deposit equivalent to ONE WEEKS RENT is required to secure your interest in the property, until all checks have been completed.
Upon successful referencing contracts will proceed and move in details arranged, the holding deposit will be transferred to your account with Sheldon Bosley Knight and held towards the initial first month’s rent unless otherwise agreed.
In case of the following conditions, the holding deposit will be retained, in full to cover company costs incurred:
• False, inaccurate, missing, or misleading information is supplied by you
• Failure by the applicants, or their referees, guarantors (or other third parties supplied by you and relating to your application) to complete the process and sign any Tenancy agreement within 14 days from the date of application (You must ensure that you advise all contacts beforehand that they will be contacted). Should we need to extend this deadline, we will email you to confirm and, in any event, when we inform you that references are complete, the deadline for contract signing will extend by one week (i.e. total 21 days from payment of the holding deposit).
• No legal authority to rent (Failing Right to Rent Checks)
• You and/or any of your co-applicants decide to withdraw from the process after this application is submitted to us.
Instead of a traditional deposit, you will be required to pay a one-time check-in fee to Flatfair Ltd, equivalent to 28% of the rent plus VAT. This alternative significantly reduces your upfront moving costs.
Please be advised that due to high demand, all applicants are required to attend an in-person viewing of the property before submitting an application. Online viewings are for visual reference only and do not serve as a substitute for an in-person viewing.
