1. HOLDING DEPOSIT
On making your booking with CRM Students you will be
asked to pay a Holding Deposit. Payment of the Holding
Deposit constitutes your acceptance that the Holding
Deposit is retained to secure your room in accordance
with these terms and conditions.
You agree by us holding a deposit that the deadline to
conclude the Tenancy Agreement following the receipt of
the Holding Deposit fee shall be 14 days thereafter, or
any other period agreed by us (the "deadline").
By entering into the Tenancy Agreement your Holding
Deposit converts to your refundable Security Deposit.
If your tenancy agreement is an Assured Shorthold
Tenancy (AST), it will be protected in an independent
government approved tenancy deposit protection
scheme, such as the Tenancy Deposit Scheme (TDS).
Unless otherwise stated on the site’s web page, your
Security Deposit will be refunded to you at the end of
your tenancy if there are no outstanding arrears or
damage to your room and/or communal areas.
CANCELLATION BY YOU – CANCELLATION
WITHIN THE COOLING OFF PERIOD
If you choose to cancel your booking with CRM
Students, you have 14 calendar days after
receiving the original Accommodation Offer to do
so and get a full refund of the Holding Deposit
paid.
If you have made your booking less than 14 days
before your scheduled check-in date, you may
cancel your booking until the earlier of (a) 14 days
after receipt of the Accommodation Offer email
and (b) the Tenancy Start date on your Tenancy
Agreement.
Failure to obtain a UK Visa
If you fail to obtain a UK Visa before the start date of your
tenancy, we will cancel your Tenancy Agreement and refund any
rent payments made, so long as you provide within 72 hours of
receiving your official confirmation:
• Supporting official evidence that your Visa was declined
• Written confirmation that you wish to cancelyour
booking
Cancellation for any other reason
If you have entered into the Tenancy Agreement and you wish to
cancel your booking after the cooling off period has expired and
you do not fit into our eligible criteria above, you will not get your
Holding Deposit returned to you, and you and your guarantor,
will be required to meet the obligations set out within the
Tenancy Agreement regardless of whether you have collected
your keys.
If you cancel your booking and can find an eligible replacement
tenant, subject to our agreement, you will be released from the
contractual obligations as set out in the Tenancy Agreement.
Any overpaid rent will be refunded to you, less an amount equal
to your Holding Deposit as a cancellation fee. The site team will
confirm your official release date.If for any reason we are not able to make you an Offer of
Accommodation, we will contact you as soon as possible
detailing reasons why or with an alternative solution. If we
cannot offer an alternative or the alternative is not suitable, we
will refund your Holding Deposit in full via the original method
the payment was made because of you not achieving the required entry grades or you have surpassed your required entry grades and choose to go to a
different University. To meet the criteria, you will need:
o To provide a written rejection letter
from your chosen university/higher
education institute within 72 hours
of your exam results being
published
o To provide a copy of the acceptance letter
from your new university.