What reservation fees & rental funds will be asked for before moving in?

Essence Property would take a reservation deposit which covers the taking the property off the market while we commence referencing, this fee will be transferred to your deposit on move in (subject to passed referencing). If you withdraw your application after the referencing has commenced, the reservation deposit would be non-refundable. To secure an apartment we must be in receipt of the reservation fee. Once acceptable references have been received and approved, a date will be agreed for the start of your tenancy. The tenancy agreement must be signed and the initial monies must be paid in full.

• Reservation deposit: Equivalent to one weeks rent
• First month’s rent: Payable in advance of move in
• Deposit: Equivalent to five weeks rent, payable on or before the date of move in (must be cleared funds on the date of move in).