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The holding fee is taken as a financial commitment from you, the prospective tenant to proceed towards entering into the agreement. This will remove the property from the market whilst reference checks and preparation of the tenancy agreement is undertaken. To see how, and to learn how to control cookies, please read our Privacy Policy and Cookie Policy. Retaining a Holding Deposit A Holding Deposit will be retained where a prospective tenant; Provides false or misleading information which is reasonable considered when deciding a let of a property Fails a right to rent check Withdraws from entering into an agreement for the property Fails to take reasonable steps to enter into a tenancy agreement Should any of the above occur, Purplebricks retains the right to deduct its reasonable expenses on a case by case basis which may include the administration, referencing or any other costs incurred.

No holding fee will be payable. Referencing Criteria and Tenancy Agreement More information on our referencing criteria and a draft of the tenancy agreement can be found in our Terms and Conditions here.

Reserving a Property Scotland Once an offer has been accepted you will be asked to provide details for your references. Our unique algorithm classifies jobs according to a wide variety of factors, estimates the market rate for this specification of job and displays the estimated rate of pay when sufficient data is available but can't take into differences in the level of experience required, responsibilities or working hours.

Once paid, both parties will have two weeks to enter into a tenancy agreement however this may be extended if agreed by both parties in writing. Terms months :.

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Should the Landlord choose to withdraw from entering into the agreement, this money will be refunded to you. Our unique pricing algorithm gor vehicles according to a wide variety of factors, estimates the market price for this specification of vehicle and displays this pricing tag when sufficient data is available but can't take into the seller's reason for sale, vehicle modifications or condition.

All rights reserved. Tenancy Information Reserving the Property Reserving a Property England, Wales and Northern Ireland Should you make an offer on a property and it be accepted by the Landlord, you will be asked to pay a holding deposit equivalent to one weeks agreed rent.