Monies Payable on or Before Commencement of Tenancy

Posted on: 7 February 2017

Deposit 

A security deposit is required which is the equivalent of five weeks rent. The deposit is returnable at the end of the tenancy providing that the property is left in a clean and proper order and there are no damages. The deposit will be registered with The Tenancy Deposit Scheme (TDS).

Rent

Rent is payable monthly in advance and due by Standing Order on the 1st of each month. If the tenancy start date is anything other than the 1st of a month then the rent will be calculated pro-rata.

Will my money be safe and secure?

You can be assured that any money paid to CGT Lettings is safe and secure. As licensed members of ARLA (The Association of Residential Letting Agents) all monies are protected and bonded.     Membership of a Government Approved Client Money Protection (CMP) scheme is a legal requirement for all agents dealing with residential lettings across England..   CGT Lettings fully complies with this legislation through our membership with ARLA Propertymark.

Also your deposit will be registered with The Tenancy Deposit Scheme (TDS) and you will receive a certificate on the commencement of your tenancy to confirm this.

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