2 New Road Verified

Booking Deposit : A deposit of £200 must be paid per room in a shared property and £400 deposit for any studio or flat. Deposits are returned at the end of the tenancy if there are no damages done.

Guarantor : A valid UK-based guarantor is required if you wish to pay in installments.

Installment Plan : If the tenant is able to provide a Guarantor they have the option to pay: Monthly, Installments or upfront.instalments.

Guarantor Details : If no Guarantor is present they can pay in one payment upfront before moving-in or in two instalments, half the rent at the start and half the rent mid-tenancy.

Mode Of Payment: Credit card, Debit card & Bank transfer.

Cancellation Policy : Deposit is not refundable if the property has been unlisted or a contract has been sent out. Once a contract is signed and the tenant would like to drop out they have to find a replacement tenant to take over the contract. We also offer re-advertising cost of £99+VAT but that does not guarantee a tenant will be found.

No Visa No Pay : Tenants must have their visas approved before attempting to book a property. If they would still like to book a property and sign the contract the same cancellation policy is in place.

No Place No Pay : Tenants will be provided alternative options at similar/same price points. If they are not happy they will be able to cancel the booking. This is very unlikely to happen and there have been no cases.

Replacement Policy : Any tenant referred as a replacement tenant must be able to complete the preset payment plan in place. Any replacement tenant must be approved by Lancaster Student Lettings with reasonable cause for denial.