Holding Deposits from prospective tenants

You are here : Member Forums Access Holding Deposits from prospective tenants
This topic has been locked as no posts have been made within the last 90 days.
L
Lucy Landlord
12 Posts
0 Thanks
My agents want to take 'holding deposits' from prospective tenants in return for taking my property off the market. Once satisfactory references and credit checks are complete, this amount would be offset against the tenancy deposit.

However, another agent told me that it's illegal to take holding deposits from would-be tenants.

Can anyone clarify this for me please?

05/08/2010 00:00

Want to read more?

This is a members only forum, if you want to read more you need to login to your membership, if you are not a member, click here to join.

This topic has been locked as no posts have been made within the last 90 days.
Landlord & Investment Show
Martin Co
Envirovent
Landlord Broadband

Share this page