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Securing Your House For 2027-28

Securing a house can be a daunting task, whether you have just started your first year or are looking ahead to your fifth! We have put together our guide below to help answer any queries you may have and make the process as easy as possible. 

 

From the difference between a holding deposit and security deposit, to knowing what you need to provide, we hope this helps to put your mind at ease.

 

If you have any additional queries then please get in touch with us on 02922 362631 or hello@bpmcardiff.co.uk.
 

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The Lettings Process Explained

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Arrange a viewing

Find a house you like and book a viewing with BPM Cardiff. We'll show you around, answer any questions you may have, and provide as much information as possible to help you decide if it's the right fit for your group.. We offer viewings throughout the day and well into the evenings to help work around your plans.

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Pay your holding deposit

To secure the property and take it off the market, a holding deposit is required. This prevents further viewings from taking place while your application is processed. The holding deposit will later be deducted from your security deposit (see FAQ's below to learn the difference between the two) and is usually between £110 and £125 per person.

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Sign the agreement in principle

Once the holding deposit has been received, each tenant will be sent an Agreement in Principle to sign electronically. This document confirms the key terms of the contract, including the period, rent amount, number of tenants, and any summer retainers or works that have been agreed. It helps ensure everyone is on the same page before moving forward.

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Complete application forms

Everyone in the group will need to complete an application form. As part of this, we'll ask for some personal details, proof of ID (see below for what is needed), and information about your guarantor. A link to complete the form will be sent by email, although you can also find it above.

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Complete guarantors agreements

As part of the referencing process, most students will need a guarantor. A guarantor is usually a parent or close family member who agrees to cover the rent if you are unable to pay. To qualify, the guarantor must be a UK homeowner and over the age of 25. If you think providing a guarantor may be difficult, please let us know as early as possible so we can discuss your options with the landlord.

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Top up your security deposit

Once all application and guarantor forms are completed we will collect the remaining balance needed to make up your security deposit. Including the holding deposit already paid, this will total £250 per person.

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Sign your contract

The final step is signing your Occupation Contract (previously called a Tenancy Agreement) electronically. You'll receive a copy of the contract in advance, giving you plenty of opportunity to read through it, ask questions, and fully understand your responsibilities before signing.

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