Before any property can be occupied:
- All students may be asked to pay an initial holding deposit and sign a declaration of intent to occupy the property.
- All students must sign a legally-binding contract and pay any associated deposits when requested.
- Each student must nominate a Guarantor who becomes liable for outstanding payments if they fail to pay rent, costs, or other fees. All Guarantors must sign a legally-binding contract named a “Deed of Guarantee”.
See a summary of Guarantor obligations…
Variation of contract
Should you wish to:
- change the terms of the contract
- change occupants, or
- terminate the contract early
there will be a minimum administration charge of £50 plus any other costs associated with replacing occupants, deposit registration, credit checks, etc. These costs will be no more than the outstanding rent.
Guides
The following guides provide more information about your agreements:
- General Data Protection Regulation (GDPR) notice
- Fire Precautions Form
- MyDeposits.co.uk Guide
- MyDeposits.co.uk Scheme Rules
- Select Insurance Policy
Where applicable, you will receive documents about the condition of the property including the latest Energy Performance Certificate (EPC), Electrical Installation, and Gas Installation Condition Reports.