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Deposit

Upon signing the tenancy agreement, the Agent will take a deposit from the tenant(s) in addition to any rents due.

The purpose of the deposit is to protect against loss of rent or damage to the property during the tenancy itself.

These deposits, held by the Agent, will be registered with an approved tenancy deposit scheme and kept in a separate and secure client account ready for refunding (less any charges due) at the end of the tenancy. 

We recommend using a company called MyDeposits, who charge £13.00 (excluding VAT) per deposit registration for their insurance based protection scheme.

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