You will be required to pay a deposit equal to 5 weeks rent before the commencement of the tenancy as security. Tiger Property Partners either send the deposit monies away to the Deposit Protection Service (DPS), or hold your monies in accordance with regulations laid down by the Tenancy Deposit Solutions Ltd. tenancy deposit scheme www.mydeposits.co.uk
The deposit is returned to you at the end of the tenancy subject to conditions.
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We require every student tenant to provide us with details of a Guarantor who would be responsible for paying your rent in the event that you can’t, and we send the rent payment paperwork to your guarantor in the first instance. Your guarantor must be a parent, grandparent or legal guardian, and must be a working homeowner.