We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Getting a holding deposit back

Hi. I hope someone can help me! :)

My partner and I saw a house on a letting agent's website two weeks ago that we liked the look of. We arranged to view it, but the appointment was cancelled and rescheduled three times by the agent. The pictures of the house looked promising, and we didn't want the house to go before we had a chance to look at it, so we went into the agent's office last week and put down a £200 holding deposit before viewing. We then went to see the house on Friday, and it was a big disappointment! It's not in a state that's fit to move into, and the landlord is apparently prepared to do very little to it. The woman who showed us round listened to our concerns about the condition of the property and told us to go away and think about it. She said that if we change our mind, we should go into the office and get our holding deposit back. However, after reading things online I'm not sure we will actually be able to get the money back.

Where do we stand here? £200 is a lot of money to lose! We can't afford to let it slip away, especially as we've since viewed a different house, fallen in love with it and need to pay a bond and first month's rent when we move in.

Thank you in advance.

Comments

  • jgriggle
    jgriggle Posts: 165 Forumite
    If the agent said you'll get your money back then you should be OK. The advice I'd always give when dealing with landlords and letting agents is make sure you get everything in writing. I know this from bitter experience.

    If they don't give you your money back, there's not much you can do.

    If it was me I'd just refuse to leave their office until I got my money back. These places have reputations to maintain, and somebody in their office shouting the place down won't look good to other potential customers!

    On another (sneaky) note, most mobile phones now come with a voice recorder so you can use them as a dictaphone. When you're viewing houses with an agent/landlord just hit record and keep it in your top pocket.

    When someone denies saying something, watching them squirm when you play it back to them is priceless :-)

    I know it's illegal to record phone conversations without the other person's knowledge, but I'm not sure about face to face conversations.
  • The holding-deposit is ostensibly to secure the property and for the agents not to show it to anyone else. If they haven't carried out any credit-reference checks or any other service for you then I would go back to the agents and ask for it back. Pick a really busy time of day and not leave until you've got it.
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    so we went into the agent's office last week and put down a £200 holding deposit before viewing.
    What does your receipt say about refunds?
    And what do their terms and conditions say?
    (you DID get a receipt and read the T&Cs didn't you?)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.4K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.