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Can't they just keep old deposit?
Former Member
Posts: 1,876,323 The Mix Honorary Guru
Hello all, I'm awake at this time stone sober on a saturday night because I'm a bit worried about something that's come up with our landlord.
Basically, they've asked us to give them a new deposit before Easter. We signed our 12 month lease back in August 08. I don't know why they're so keen for money when our lease isn't even up..
So that's £200 with a week's notice. I don't have that kind of money, I barely make rent. I told them our loans don't come in until the end of April and they said, "ok, how about £50?". Grr.
They said our old deposits will be put back into our accounts at the end of the month so this all seems a bit pointless and ridiculous. Wtf is the point exactly and more importantly, do I *HAVE* to hand over money for their reassurance that we are renewing our lease?
I don't have the cash, I have uni paperwork I've just found out needs paid off so that's priority.
Help please :banghead:
Basically, they've asked us to give them a new deposit before Easter. We signed our 12 month lease back in August 08. I don't know why they're so keen for money when our lease isn't even up..
So that's £200 with a week's notice. I don't have that kind of money, I barely make rent. I told them our loans don't come in until the end of April and they said, "ok, how about £50?". Grr.
They said our old deposits will be put back into our accounts at the end of the month so this all seems a bit pointless and ridiculous. Wtf is the point exactly and more importantly, do I *HAVE* to hand over money for their reassurance that we are renewing our lease?
I don't have the cash, I have uni paperwork I've just found out needs paid off so that's priority.
Help please :banghead:
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Comments
If they badger you that much just say you dont want the place again..chances are they wont find anyone else to fill it in such a short space of time anyway. Letting agents always seem to try and use scare tactics but theyre all full of shit to be honest so i wouldnt listen to a word they say.
Maybe they just need some cash.
Yes I think this is the key here. You can pay his new deposit when he returns your old one, and not before.
I can understand if there is some requirement that the new deposit has to go directly from you into a scheme, but even so you shouldn't be paying that out until you have the "old" money back.
On what basis would you want to pay ? I can't see any reason behind this.
If they are asking for a holding deposit for the new tenancy then they are entitled to do this. If the holding deposit then goes to be the landlord as the breakages deposit then it needs to be protected. If you tell them to swivel they might let the property to somebody else from August, so it's up to you whether you want to pay or not. In the current climate they're less likely to get it let out to someone else, so they'll try and put pressure on you to take the house again by making you pay a holding deposit. It's up to you whether you pay or not, but there are plenty of houses available if this one is let to someone else. In my university town we have about 500 bed spaces unlet, which is causing the agents to poo themselves with fear.
If they are asking for you to replace the deposit you've already paid, then they can't do this, it's a breach of the tenancy agreement. This would be rather dodgy, and would make me think your landlord's got rid of the house and that there's a new landlord. I'd be amazed if you'd get the old deposit back before the end of the tenancy.
Either way, I'd be very tempted to not pay.