Chapter Spitalfields

To secure your Room prior to 31st July, you must do the following within 3 days of receipt of this Tenancy Agreement (these 3 days being known as the "Decision Making Period"):

Pay your Holding Fee (which will be deducted off your first instalment of Rent if your booking is not cancelled).  

Both the Tenant and the Guarantor must sign the Tenancy Agreement.  

If you have not paid the first instalment of Rent on the date of booking, this must be paid on or before 31 July, otherwise, they reserve the right to cancel your booking.

For bookings made after 31st July, to secure your Room you must do the following within the Decision Making Period:

Pay your first instalment of Rent.  

Both the Tenant and the Guarantor must sign the Tenancy Agreement.  

A Holding Fee will not be required for bookings made on or after 1st August.

Failure to secure your Room within the required timescales may result in the cancellation of your booking by them.

Cancelling within the Decision Making Period

The Holding Fee is refundable if you provide them with notice of your intention to cancel within the Decision Making Period. If you cancel your booking after the Decision Making Period but prior to 31st July, any advance payment of Rent will be refunded to you less your Holding Fee, which will not be refunded.

Taking no action throughout the Decision Making Period

If at the end of the Decision Making Period you have taken no action, i.e. not signed and accepted your Tenancy Agreement and/or not paid your Holding Fee and/or your first instalment of Rent then your offer will be cancelled on their system and your Room will be made available for someone else to book.