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Typical monthly mortgage repayment with Mortgage Advice Bureau
Key features
Property ownership information
Note:
All property information is provided as a guide only. You should always check with your solicitor prior to the exchange of contracts.
Description
Tenancy Information
- Terms (months):
- Available from:
- Deposit required:
- Furnishing:
- Council tax band:
- Student let:
- House / flat share:
Reserving a Property (England, Wales and Northern Ireland)
Should you make an offer on a property and it be accepted by the Landlord, you will be asked to pay a holding deposit equivalent to one weeks agreed rent. This will remove the property from the market whilst reference checks and preparation of the tenancy agreement is undertaken. The holding fee 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 fee 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
A 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
- Withdraws from entering into an agreement for the property
- Fails to take reasonable steps to enter into a tenancy agreement
Should any of the above occur, Purplebricks 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 fee will be payable.
Referencing Criteria and Tenancy Agreement
More information on our referencing criteria and a draft of the tenancy agreement can be found in our Terms and Conditions here.
Property Description Disclaimer
This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.
Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
Disclaimer for virtual viewings
Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.
If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before proceeding to ensure you are happy with all the information provided.
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