Opto Village, Luton

For 26-27 AY:-

A booking deposit equivalent to one (1) week’s rent is required at the start of the application.

For 26-27 AY:-

1. A security deposit equivalent to five (5) weeks’ rent is required, with one (1) week adjusted from the holding deposit so that only four (4) weeks’ rent is payable after referencing and guarantor approval, and the deposit will be refunded at the end of the tenancy subject to the terms of the agreement.

2. Instead of the Security Deposit the student can also pay Reposit that is non refundable and is equivalent to 1 week's rent or a minimum of 150 GBP through third party deposit cover company.

Please Note: The student also needs to pay 1 month rent in advance, along with the security deposit/reposit payment.

For 26-27 AY:-

1. Payment in full : (upfront in August or before arrival)

2. Payment in termly instalments : Pay in four installments — 10% upfront in August, then 30% each in October, January, and April.

3. Payment in monthly instalments : 10% upfront in August, then 10% each month

Credit card, debit card and bank transfer.

For 26-27 AY:-

1. The property requires a guarantor if you want to pay termly or in monthly instalments.

2. The guarantor has to be UK based only, they do not accept international guarantors.

3. The property also accepts third party guarantor service.

Note: The guarantor must meet income criteria of minimum of 3x the monthly rent.

For 26-27 AY:-

1. After signing your contract, you have a 24-hour cooling-off period during which you can cancel your booking.

2. The cooling-off period begins immediately after the contract is signed.

3. To cancel your booking within this period, you must notify the property team in via writing am e-mail.

For 26-27 AY:-

This policy is applicable to First-year students and first-time residents only.

1. If you are a first-year student or residing in the building for the first time, you may request a cancellation and a refund of your damage deposit and rental amounts related to your booking if your visa application to study in the UK is rejected.

2. You may request to cancel within 7 days of your visa application being rejected, but no later than 7 days after the release of A-Level results, by providing a written cancellation request along with supporting evidence of your visa application's rejection.

Please note: Your holding deposit is non-refundable. This policy will only apply to September intakes.

For 26-27 AY:-

This policy is applicable to First-Year Students only

1. If you are a prospective first-year undergraduate student and your university or higher education institution withdraws your offer of a place due to your not achieving the required entry grades, you may be eligible to be released from your Tenancy Agreement. Similarly, if you exceed your expected grades and choose to attend a different university, you may also be eligible for release.

2. To apply for release from your Tenancy Agreement under these circumstances, you must provide one of the following documents:

a. A written rejection letter from your chosen university/college or UCAS, or a screenshot of your UCAS status confirming that the required results were not achieved.
b. Proof of acceptance by your new university via UCAS Adjustment.

3. These documents must be received by the property team within 7 calendar days of the date your results are published. Please email the required documents to property team. Once the property team receives and verify the documents, and if they are satisfied with the details, they will cancel your Tenancy Agreement and refund any deposit or advance rent paid in full.

For 26-27 AY:-

If for any reason you are thinking of leaving your accommodation after you have moved-in, please speak to the local team at your property first. If you decide to proceed with leaving your accommodation early, please be aware regardless of occupancy/residency status you and your guarantor (if applicable) will be required to continue to meet the obligations in your tenancy agreement.

In limited circumstances, The property may agree to release if the following criteria are satisfied;

1. You find a suitable replacement (who must be over 18 and enrolled as a full-time student at university/college) to take a new tenancy agreement for your room for the remaining portion of your contractual term, and;

2. The incoming tenant must enter into a tenancy agreement with them and satisfy the necessary steps of the booking/application process.

Any refunds due will not be processed until such time as the incoming tenant has completed the booking/application process, paid their rent (either in-full or their first instalment) and checked-into the accommodation.

The current tenant and guarantor (if applicable) will remain liable for rental payments until they confirm in writing that you have been released from the tenancy agreement and its obligations. Requesting early release does not constitute agreement that early release will be granted.

Please note: A replacement tenant fee may be required in this situation.

For 26-27 AY:-

To confirm your booking, you and your guarantor (if applicable) are required to complete the booking process and sign a tenancy agreement. During this process, if you and your guarantor (if applicable) fail to provide information in a timely manner then they reserve the right to withdraw your accommodation offer.