At the time of booking a tenant will pay a reservation fee/security deposit (equivalent to 30% of the gross rent), in addition the FULL gross rental payment will then be due at our offices by the 12th April 2008. For properties booked after 12th April 2008 tenants will be asked to pay the reservation fee/security deposit PLUS the full rent at the time of booking.

A tenant is entitled to cancel the Letting Agreement prior to 12th April 2008 on forfeiture of the 30% reservation fee/security deposit. This will then be payable to the owner, less a half share of our letting fee, subject to vat. Should the tenant cancel after 12th April 2008 and full payment has been received then only the reservation fee/security deposit will be returned to the tenant. The rent is forfeited in full and will be paid to the property owner less our full fees.

When we are in receipt of the FULL rent and prior to the championship we will pay 80% of the gross agreed rental, less our fees, to you the property owner. The remaining 20% will be held in case any repairs or similar are required over the letting period. The balance of the 20% will be passed to you as quickly as is practically possible after the letting period. The rent agreed will include electricity and gas/oil consumed during the period of occupancy, the telephone rental, local council tax and insurance of the property, but the ingoing occupiers will be responsible for the cost of telephone calls.

Fee Structure
The fee charge due to Ball & Percival will be 12.5% plus vat of the gross rent for the period on a Sole Agency basis.

How we can help
We suggest that owners begin preparation of their property sooner rather than later.

The preferred method of communication for The OPEN 2008 is email using, info@golfopen2008.com however if you do not have internet access and wish to discuss any aspect of the letting process then please contact the Golf Lettings Office on 01704 504303 and a member of our team will be pleased to assist.

If you require an Inventory and Schedule of Condition for your property prior to letting we can arrange this for you. The cost of this will be from £100.00 plus vat.

For further information and regular updates please visit the Golf Lettings Website which can be viewed on www.golfopen2008.com

The Next Step
If you wish your property to be considered for inclusion in the official R & A Championships Limited register of properties, we would ask that you complete and return the attached registration form