Should your application be successful, you will be sent a formal letter of approval.
If you accept, you will be asked to sign a lease, pay the bond (equivalent to four weeks’ rent) and in most cases, pay two weeks’ rent in advance.
Tip – Paying the rent in advance helps commence the rental financials, sets the start of leasing date and also takes your mind off having to pay rent for a few weeks while you settle in and get things organised.
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This information is of a general nature only and does not take into account your objectives, financial situation or needs. We are not financial, legal or tax advisers. You should seek appropriate professional advice specific to you before acting on this information.