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Holding Fee

Holding Fee

Once an application has been received people will be invited to pay a £200 holding fee to reserve a chosen plot. 

The Holding Deposit is refundable in the following circumstances:

In Full

Where the Landlord withdraws the Property

In Part

  • Where the landlord rejects the tenant based on the results of credit checks, referencing or other vetting information
  • If the landlord is unable to obtain replies to reference requests within [14] days a reasonable charge will be deducted from the Holding Deposit to cover administration costs subject to a maximum of [£50] per tenant 
  • Where the prospective tenant gives false or misleading information a reasonable charge will be deducted from the Holding Deposit to cover administration costs subject to a maximum of [£100] per tenant
  • Where the prospective tenant fails to progress or complete the tenancy agreement a reasonable charge will be deducted from the Holding Deposit to cover administration costs subject to a maximum of the entirety of the Holding Deposit
  • The holding deposit will be credited to the deposit and/or rent on completion of the letting agreement.