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[Music] [Applause] [Music] again right doing a video on a holding deposit agreement so this is something you dont actually need uh its just a bit of extra security that i like to do theres something you might think about doing so once youve done a viewing and the tenant has decided that they want to proceed this is how you kind of separate the so i guess the chances um from the serious people and when you ask for a holding deposit usually a nominal amount around sort of 100 pound mark for them to secure the property um right so ill talk to you uh mine so here it is so weve got holding positive agreement um if you happen to proceed ill require a holding deposit 100 pounds this holding deposit is to secure the property for yourself while the referencing process takes place with no more view viewings being held on the property so the obviously tenant gets a little bit of security as well this is to cover the cost of the referencing process if you wish to pull up during the period
