43 week tenancy beginning Wednesday 17th August 2022 and ending Wednesday 14th June 2023.
The reservation rent of £250.00 is due once you decide to take a room within Midpoint. This counts towards your overall rent as explained below. Should you proceed with your contract then this payment counts towards your total rent payment for the year.
The rent is £470.00 per month per room. The weekly rent figure per room is £115.11. The total amount payable for the 43 week tenancy is £4950.00 (£470.00 x 10 monthly payments + £250.00 reservation rent). There is an additional £470.00 security Deposit to be paid which is held as per the government legislation.
The security deposit of £470.00 covers the tenant’s own bedroom and en-suite facilities plus their share of all communal areas, including any damages caused to the stairwells by tenants. This is refundable at the end of the tenancy minus any deductions, other than fair wear and tear, that are deemed necessary. The property must be professionally cleaned on leaving.
All students must be able to provide a UK based financial guarantor. They will be required to complete and sign a ‘Rent Guarantee’ form making them liable for all rent payments and other monies payable under the tenancy agreement should the tenant default. If you are an overseas student and cannot provide a UK Guarantor you will be required to pay 3 months’ rent up front and you will also be expected to make rent payments on a monthly basis by standing order starting immediately, so you’re continuously 2 months’ rent in advance for the duration of your lease.
Included in Rent
Rent figure includes TV Licence and utility bills. Electricity is capped to £36.00 per week for a 4 bedroom apartment and £45.00 per week for a 5 bedroom apartment. For apartments that incur bills beyond this quota tenants are required to pay the balance on a joint and severally liable basis at the end of the tenancy.
Free internet is provided to all tenants within the development.
**We are verbally advised by TV Licensing that you do not need a TV License for your bedroom**
Tenants are responsible for insuring their own belongings.
Should you wish to view the Apartments then please complete the Application Form below and either return to the office or email this to [email protected]
A viewing will only be arranged once an application form has been returned to the office.
Please be aware that we work on a first come first serve basis.