£884 /week £ The Application Fee pays for our administrative procedures such as credit checks and background checks. So it is non-refundable after you have submitted your application. + £ The Holding Deposit is non-refundable unless we are unable to make you an offer of accommodation in the relevant city.On the day your tenancy start, the Holding Deposit will turn into your Security Deposit. After you vacate the room this deposit will be refunded to you, minus the cost of any damage, the cleaning charge, and any unpaid rent and utility bills.