Bally Rehearsal Studios.
Tottenham Hale, N17. London. 

Here's the finer details, in a nutshell:
 

- You're given the keys to your studio so that you can come and go as you please. 

- Staff members won't always be present at the studios to help you. Part of the reason that the sessions cost so much less is because we don't need to pay staff costs during your sessions. However, they'll always be a phone call away, and there'll be spares provided and extensive help given in advance to make sure that you get the most out of your sessions. 

- A security deposit of one months' rent is required, which will be returned at the end of the contract when we take back the studio, minus any direct costs that we have as a result of damage to the studio. 
- We take a scan of a passport of the designed band member, as extra security. 
- We then give you a contract with the terms and conditions of the studios, which we'd be happy tosend ahead of time for you to read over. 

- If you want to share the studio time between other bands then you're free to, but the rental contract is with one person/band who pays the hire fee in full and are responsible for the studios, and then they can arrange sharing the studio with other bands. We can't have a situation where we're chasing multiple bands for multiple payments.  Part of the point of long term rental is that we get a bit less money for a bit less work, and chasing multiple bands for multiple payments both creates work, and makes everything more complicated for us, in which case we may as well rent them out by the hour for more money. 
- All damages and breakages must be paid for at a fair rate so that the room is returned in a condition that would be expected after your rental.  We will factor in normal wear and tear, of course, so if you're in a studio for 6 months, we won't act surprised when the room has had 6 months of use and things need to be serviced.   Over time carpet will get worn away, light bulbs will blow, things will get used, that's all completely expected.  We don't expect the room to be returned to us in exactly the same condition, we know we'll need to spruce it up a bit.  Washing the carpets, cleaning walls, repairing a few stands here and there, that's part of our job, and bands will never be penalised for this wear and tear.  We will only charge for excessive and unexpected damage, like if a door has been ripped off the wall, or things smashed up. We won't make a profit from it, we'll only bill for the cost for repair. 

How to pay for your sessions. 

- As you can see from the rates above, the longer the rental period, the cheaper the monthly rate becomes.  Your booking needs to be paid in advance for the entire duration of your booking if you want to pay the cheapest rate from the start of your rental period.  If you later want to extend your booking, a discount will be retrospectively applied to the time you've already paid for if the new length of the overall booking reduces the monthly rate, so you will never end up paying more than you need to. In that scenario you'll pay more per month in the earlier months, but you'll get that money back in the later months of the rental as credit.   

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Here's how that works in practice.  Let's say (for example) that a room was £500 a month when booked for 12+ months, £700 a month when booked for 3+ months, and £800 a month for 1-2 months.  If you book for 12+ months you'd need to pay for the whole booking in advance to get it at the cheapest price, as the whole point of the cheaper rate is that you're committed to taking the room for this entire period.  In return for paying in advance you get a cheaper monthly rental, and we have 12 months of payment in the bank, and don't need to worry about booking sessions in for that time.   Without you paying for the whole rental period in advance there's nothing to stop a band pretending that they want to book for 12+ months, pay the first £500 for the first month, and then walk away from the booking at the end of the month.  In that case they'll have got the 1 month stay for £500, much less than the £800 they were meant to pay for a one month rental, and we're left with the bother of chasing up the band and suddenly looking for new bookings for the studios.  For this reason if you want to get the £500 a month price, you'd need to pay for the 12 months in advance. 

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However,  we know how tough that can be, so we also have another option that protects both parties.  If you want to rent the studios for 6 months, but you want to pay for the studios as you go, one month at a time, then as you're only paying one month in advance, we'll charge you the 1 month price, which in this example is £800 for the first month.  When the time comes to pay for the second month you'll pay another £800, so you're paying the 1-2 month rate as you've only paid for 2 months.    By now you've paid £1,600 for the first two months.   If you then booked a 3rd month your rental period has now gone into the 3+ month duration, which is slightly less at £700 a month,  so the whole first 3 months (including the time you've already paid for)  will now be retrospectively charged at £700 a month, which is £2,100 for the first 3 months.    You've already paid £1,600 for the first 2 months, so you'll now receive a £100 credit for each of the first two months, and in this example you'll pay an extra £500 for the 3rd month, which is the difference between what you've already paid for the first 2 months,  £1,600, and what you would have paid by paying for 3 months in advance at the 3+ month rate. 

Likewise, if the price of the 12 month rental is £500 a month, that's £6,000 in total, so when you pay your 8th month at a rate of £700 per month, by now you'd paid £5,600 in total, £700 per month, for 8 months. On your 9th month you'll then pay £400, and the entire £6,000 that you've paid will be turned into a 12 month, £500 per month contract, so you won't pay anything for the 10th, 11th and 12th month.   This way a band will NEVER pay more over the whole rental period than they would have in advance, and if a band suddenly cancels their rental we never need to chase a band up for payment for months that they've skipped out on, since they're always paying at the correct rate for their current rental duration.