Forum Home Search Login Register
+  Landlord Forum
|-+  General Category
| |-+  Landlord Advice & Help
| | |-+  Tenant paid holding deposit then gave back word

Tenant paid holding deposit then gave back word

Pages: [1]
Print
Author Topic: Tenant paid holding deposit then gave back word  (Read 188 times)
Newbie
Posts: 2

I like property

« on: May 13, 2021, 12:11:13 PM »

I agreed a tenancy with an individual to start on 10 May x confirmed by several messages and an email . He also paid a holding deposit: and was going to sign the AST when he moved in.  2 days before he was due to move in he told me that his employer had moved him to another part of the country - so didnít want the tenancy - this turned out to be a lie.  In the meantime I had cancelled 2 or 3 good prospects

Have I got any claim against him? Was there a contract? and is it enforceable?
Hero Member
Posts: 606

I like property

« Reply #1 on: May 13, 2021, 12:21:58 PM »

They haven't sign the tenancy agreement, let it go.

Assuming it's not too late, inform him in writing within 7 days of him informing you that he's no longer going ahead that you will be keeping the holding deposit as a result of him changing his mind. Otherwise, you have to give back the holding deposit.
Global Moderator
Hero Member
Posts: 1225

I like property

« Reply #2 on: May 13, 2021, 02:31:15 PM »

This has been mentioned before.What is the point of a holding deposit if they can demand it back? Is this really laid down in law?
Hero Member
Posts: 606

I like property

« Reply #3 on: May 13, 2021, 02:59:17 PM »

Yes, it's in Schedule 2 of the Tenant Fees Act 2019. It includes the reasons where the landlord can keep the deposit, the timeline and procedure for doing so.
Global Moderator
Hero Member
Posts: 4066

I like lots of things

« Reply #4 on: May 13, 2021, 03:45:20 PM »

Really appreciating the sophisticated use of embedded links there... what next, pictures?
Newbie
Posts: 2

I like property

« Reply #5 on: May 15, 2021, 12:11:07 PM »

Thanks for the helpful replies.

In this case the guy accepted the loss of his holding deposit and I had found another tenant by the end of the week so it worked out much better than I expected.  :) .
I will check out the issue about a  holding deposit but in a world where we need good tenants who will stay a reasonable length of time is it worth forcing the issue any way?
Pages: [1]
Print