Holding deposit

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N
new landlord_718
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We took a holding deposit from a prospective tenant who needed to give two months notice. We withdrew the property from the market subject to the deposit of one weeks rent 400. Having received the RLA tenant referencing and the prospective tenant has been declined because of a CCJ of over 6000. We are likely to withdraw the offer to rent. Do we need to return the deposit. We have lost at least one month's rental.
23/03/2009 00:00

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