Holding Deposit Form

In line with the requirements outlined within Schedule 1, Tenant Fees Act 2019 you are required to pay a refundable holding deposit equivalent to one week’s rent to reserve a property.

The purpose of the holding deposit is to enable both the landlord and tenant to demonstrate commitment to entering into a tenancy agreement on the terms agreed whilst reference checks and right to rent checks are undertaken. The holding deposit creates a binding conditional contract between tenant and landlord.

Under this contract, the tenant agrees to provide honest representations as to income, tenancy history and references, and to enter the tenancy under the terms agreed with the landlord.

The landlord agrees to enter the tenancy as per the agreed terms subject to satisfactory fulfilment of all pre-tenancy checks.

The ‘deadline for agreement’ for both landlord and tenant will be within 15 calendar days from the date that the holding deposit has been received by the landlord or letting agent.

The tenancy agreement must be signed by all parties within 15 calendar days from receipt of the holding deposit.

The tenant will be notified of any extension to the 15-day deadline in writing. The tenant must request an extension to the 15-day deadline in writing.

The property will be withdrawn from the market pending referencing and right to rent checks.

The holding deposit will be retained by the landlord/letting agent:

• If false or misleading information is provided which affects a decision to let the property and calls into question your suitability as a tenant.
• If you fail the right-to-rent check.
• If you withdraw from the proposed agreement.
• If you fail to take all reasonable steps to enter an agreement when the landlord and/or agent has done so.

If we intend to retain the holding deposit, we will advise you in writing the reason for this within 7 days of deciding not to enter an agreement.

The holding deposit will be refunded to you if the landlord withdraws from this agreement, or the deadline agreement is not met by the Landlord.

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Dated property Amount

Your Details

Please provide your details below.

Your Name

Your Email *

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Deposit Details

Please provide the details for your deposit below.

Tenants Name *

Property Address

Address Line 1

Address Line 2

City

State / Province / Region

Postal Code

Amount of holding deposit paid

Rent for the property

Specified date for the deadline agreement

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Tenancy start date:

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Required *

• I / we hereby consent that the holding deposit can be used to offset against the rent in advance.

Required (copy) *

• I / we hereby confirm I/ we have read, understood, and accepted these terms.

Signed (Tenant[s]) *

Clear Signature

Dated

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Signed (Landlord/Letting Agent) *

Clear Signature

Dated (copy)

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GDPR Agreement *

• I consent to having this website store my submitted information so they can respond to my inquiry.

Submit