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Renting Properties In The Gambia : Renting Information
Holding Deposits
A Lettings Consultant will help you fill in the Tenancy Application.
A holding deposit of £200 (Minimum amount - sharers / students
are required to pay a higher holding deposit) will secure your chosen
property, subject to contract.Your deposit will be returned in full
if the owner is unable to proceed with the letting.
Holding deposits are calculated on a sliding scale as follows:
Standard minimum holding deposit: £200 per individual/couple/family
£100 per person for 3 and more adults.
Costs, Timescales
Allow a minimum of 5 working days between placing a holding deposit
and moving into your home, subject to the date the property is available.
Before you move in you will need to sign the Tenancy Agreement and
pay at least one month's rent in advance, a similar sum as a security
deposit and an Administration Fee:
One Adult Applicant: £110 plus VAT
Two Adult Applicants: £160 plus VAT
Three Adult Applicants: £210 plus VAT
Each additional adult: £50 plus VAT
This must be paid before or when signing the Agreement by Bankers
Draft, Building Society cheque, Switch/Delta or Visa/Mastercard
(there is a small surcharge of 1.55% for payment by credit card).
There are normally no other costs incurred at the end of the tenancy
unless cleaning or repair is needed.
References & Guarantors
You will need to provide certain information to complete your Tenancy
Application Form. For example, we require references from your employer
and, where applicable a previous landlord.
If you are self-employed we will need a reference from your chartered
accountant.
If you are a student you will need a guarantor such as a parent,
relative or close friend who will guarantee the rent and adherence
to the Terms and Conditions of the Agreement.
Companies seeking properties for their staff will need to provide
bank chartered accountants and solicitors references.
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