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.

📨 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

Non refundable deposit

Hi everyone,
My daughters school recently changed their policy with regards to its year 6 residential.... it is now being offered to years 3 & 4 (about time if you ask me!).
Letters were sent home asking for a £50 deposit to be paid by the end of March - no mention of 'non refundable' or a time limit as to when this could be claimed back.
Daughter was really excited and so deposit was paid.
Since then, her best friend has announced that she is moving house and schools in September and so can no longer go on the residential.... she has claimed her money back. Her other friend isn't going due to financial issues and so now my daughter is having second thoughts!!
Residential isn't until the summer of 2019 but, school are saying that the deposit is non refundable as they have already paid. Only way of getting deposit back now will be if they can find another student to take my daughters place. Is this right??? Should I argue the point??

Comments

  • bris
    bris Posts: 10,548 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    It's correct, by paying a deposit you are confirming the contract. They are also abiding by the law by mitigating their losses if they find another student to take the place.
  • Aylesbury_Duck
    Aylesbury_Duck Posts: 16,304 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    As bris says, they are doing the right thing. That's what a deposit is for.
  • I assume your daughter is in the less mature age groups?

    Anyway she has a year to make new friends.
  • marlot
    marlot Posts: 5,003 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    The school are obliged to mitigate their loss. They're doign this by saying that if someone comes forward who will take the place you can have a refund. THat sounds entirely legal and correct.
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
  • 353.7K Banking & Borrowing
  • 254.2K Reduce Debt & Boost Income
  • 455.1K Spending & Discounts
  • 246.8K Work, Benefits & Business
  • 603.2K Mortgages, Homes & Bills
  • 178.2K Life & Family
  • 260.8K 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.