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
Maximum rental deposit in England
gt94sss2
Posts: 6,387 Forumite
I'm aware that the law changed last year to limit new deposits to a maximum of 5 weeks.
My question is, if a one year AST tenancy was agreed in 2018 (with a 6 week deposit) and is now a periodic tenancy - is there any legal requirement for the landlord to return one weeks deposit to the tenant?
My question is, if a one year AST tenancy was agreed in 2018 (with a 6 week deposit) and is now a periodic tenancy - is there any legal requirement for the landlord to return one weeks deposit to the tenant?
0
Comments
-
No, but if a new tenancy agreement was signed the landlord would need to return enough of the deposit so that the amount held was 5 weeks max. This may be less than returning a whole week's deposit if the new rent is higher than the previous one.gt94sss2 said:I'm aware that the law changed last year to limit new deposits to a maximum of 5 weeks.
My question is, if a one year AST tenancy was agreed in 2018 (with a 6 week deposit) and is now a periodic tenancy - is there any legal requirement for the landlord to return one weeks deposit to the tenant?I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.3 -
Only if you and the LLsign a new TA.gt94sss2 said:..is there any legal requirement for the landlord to return one weeks deposit to the tenant?
2
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.2K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.1K Work, Benefits & Business
- 603.8K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards