3 bed terraced house to let Woodcote Lawns, Chesham HP5

Reserving a Property when using I Am The Agent (England, Wales and Northern Ireland)

Holding Deposit

Should you wish to make an offer on a property with I Am The Agent and it be accepted by the Landlord, you will be asked to pay a holding deposit equivalent to one weeks agreed rent, no more. This, if agreed by the landlord will remove the property from the market whilst reference checks and preparation of the tenancy agreement are undertaken. The holding deposit is taken as a financial commitment from you, the prospective tenant to proceed towards entering into the agreement.

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.

Refunding a Holding Deposit

Should you proceed to enter into a tenancy agreement with the Landlord, the holding deposit will be paid towards the balances of your first month's rent.

Should the Landlord choose to withdraw from entering into the agreement, this money will be refunded to you.

Retaining a Holding Deposit

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
• Fails to take reasonable steps to enter into a tenancy agreement
• Withdraws from entering into an agreement for the property

Should any of the above occur, I Am The Agent 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.

Reserving a Property (Scotland)

Once an offer has been accepted you will be asked to provide details for your references. No holding deposit will be payable.

Referencing Criteria and Tenancy Agreement

More information on our referencing criteria, fees and a draft of the tenancy agreement can be found in the Terms and Conditions on our website.

Referencing Criteria will vary but the industry recommends:

Affordability:

• 2.5 x income of the rental amount (rent: £1000 – earnings £2,500)

Checks:

• Landlord and employer references (usually provided in written and verbal format)
• Full credit history check
• Passport and address verification in original format

Redress Scheme and Client Money Protection

I Am the Agent is a member of Money Shield Client Money Protection Scheme, and a member of The Property Ombudsman which is a redress scheme. You can find out more details on our website or by contacting us directly at or calling .