HOLDING FEE AND DEPOSIT
The purpose of the deposit is to protect the landlord against loss of rent or damage to the property during the tenancy itself. This will be an amount equal to one month’s rent plus £100. If a pet is permitted under the terms of the tenancy then an additional pet deposit will be taken of £100.
As part of the Housing Act 2004 the Government introduced tenancy deposit protection for all Assured Shorthold Tenancies in England and Wales where a deposit is taken. CB Lettings is a member of the Deposit Protection Scheme (DPS), which is administered by
The Deposit Protection Service,
This is one of the Schemes approved by the Government to hold tenant’s deposits.