Once you’ve found a property that you’d like to rent we can secure it for you with a Holding Payment, which is equivalent to one-week’s rent.
Once paid, this is non-refundable if you then decide not to proceed.
First Month’s Rent* + a Security Deposit** – the Holding Payment = the Full Amount required in cleared funds, on move-in date
*or part thereof, depending on the move-in date/property
** equivalent to 5 week’s rent (refundable at the end of the tenancy, subject to the property being left in a suitable condition)
The money must be paid in either cash, debit card or by bankers draft.
Unfortunately, we do not accept credit cards, business debit or credit cards, or personal cheques.
If the loss results in locks needing to be changed, the costs of a locksmith, new lock and replacement keys for the Tenant, Landlord any other persons requiring keys will be charged to the Tenant.
If extra costs are incurred, then there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).
Morgan Associates are part of the National Federation of Property Professionals Client Money Protection Scheme through our membership of ARLA (The Association of Residential Letting Agents)