The initial deposit for Hull London varies depending on the property and rental agreement. Typically, landlords or letting agents require one to two months’ rent as a deposit. For example, if the monthly rent is £1,000, the deposit could range from £1,000 to £2,000.
Additionally, some properties may request a holding deposit, usually equivalent to one week’s rent, to secure the tenancy. Always verify the exact amount with the landlord or agent, as terms can differ. Deposits in the UK are often protected under the Tenancy Deposit Scheme, ensuring refunds at the end of the tenancy, provided there are no damages or unpaid rent.
