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What is standard to secure rental with LA?
Badgerman
Posts: 22 Forumite
They are asking for £500 deposit upfront to secure is that normal?
What do you normally give to secure a rental through LA?
What do you normally give to secure a rental through LA?
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Comments
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With the company I work for its £300. If the rental figure was quite high, we would probaly take £500 or more though.
Just make sure you get a breakdown of what it will go towards, fee`s etc.0 -
Here in Edinburgh most LA ask for atleast 1 months rent, sometimes a little more depending on the size, location etc.0
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Ok thanks, so this is normal and will go towards the fees or 1.5m deposit? Its not extra cost?0
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I am about to rent. I had to pay a non-refundable £80 with my application when I'd chosen a property. I then have to pay £800 as the deposit (to be kept by agent) as well as the first month's rent of £695 on signing the tenancy agreement.
ouch...0 -
It was a £250 'goodwill' deposit for me then this amount is taken off of the deposit which is usually a month & a half.The only thing worse than smug married couple; lots of smug married couples.0
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