Procedure
For all of our properties our lease is for a 11.5 month term from 1st August 2012 to 15th July 2013.
The rent does not include any utility bills, telephone, or TV license which will have to be put in the tenants' names.
The rent is inclusive of broadband provided by Virgin Media and the "L" TV package from Virgin Media.
A security deposit equal to one months rent will be required and will be lodged with Tenancy Deposit Solutions Ltd (TDS). This security deposit will be returned at the end of the lease less any deductions for breakages and cleaning if necessary.
We will also require a working parent living in the UK, to act as a guarantor for each student. The rent is paid monthly in advance by standing order from a joint account set up in all the student's names.
All foreign nationals will be required to pay the rent in three instalments. The first on 1st August equal to 4 months rent, the second on 1st December also for 4 months and last for 3.5 months on 1st April. They will also have to put a higher deposit equal to 1.5 times the monthly rent.
All applicants will have to pay an administration, management and referencing fee of £100.00. This is payable when signing the lease and is not refundable.
Upon signing the lease and providing the guarantor form, we request you to set up a bank account in your joint names and to submit a completed standing order from our website relating to the property you're taking .