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Deposit Payment Method

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Saga
Saga Posts: 303 Forumite
Part of the Furniture 100 Posts Name Dropper
in House buying, renting & selling
My other half and I were both named on the tenancy agreement of a rented property, but are no longer together. I am remaining in the flat and taking on the tenancy by myself. I have to pay a new deposit (partner paid 100% of deposit originally which is being returned). The agents emailed to say just to transfer the deposit into the same bank account that my rent S/O pays to each month (we paid our rent to this account for more than 4 years) and it'll be lodged with DPS.

However, I feel uneasy just transferring a wad of money even though the email is 'proof' that the sum of money is specifically for the tenancy deposit on the named property. I would prefer a proper invoice.

Am I being silly? Am I now just a newer version of my mum who refuses to use anything more digital than a debit card? Is there a better way of doing this?

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100% debt-free!

Comments

  • Slithery
    Slithery Posts: 6,046 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    Saga said:

    Am I being silly?

    Yes, you are.
  • MaryNB
    MaryNB Posts: 2,319 Forumite
    1,000 Posts Third Anniversary Name Dropper
    I've only ever paid a rental deposit or rent by standing order.
  • user1977
    user1977 Posts: 17,870 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    Saga said:

    However, I feel uneasy just transferring a wad of money even though the email is 'proof' that the sum of money is specifically for the tenancy deposit on the named property. I would prefer a proper invoice.
    What do you mean by a "proper" invoice?
  • user1977
    user1977 Posts: 17,870 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    Saga said:

    However, I feel uneasy just transferring a wad of money even though the email is 'proof' that the sum of money is specifically for the tenancy deposit on the named property. I would prefer a proper invoice.
    What do you mean by a "proper" invoice?
  • theartfullodger
    theartfullodger Posts: 15,707 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Just because one joint tenant moves out does not end tenancy nor compel remaining person to leave.

    BOTH remain liable each for ALL the rent.

    Do nothing!  No need for any new paperwork! 
  • MaryNB
    MaryNB Posts: 2,319 Forumite
    1,000 Posts Third Anniversary Name Dropper
    edited 24 June 2021 at 9:39PM
    After the letting agent protects the deposit they will have to give you a statement showing your deposit is registered with a deposit protection scheme (and will includes details like tenancy dates) so that should be enough.
  • Irishpearce26
    Irishpearce26 Posts: 885 Forumite
    500 Posts Name Dropper
    Why don't you just pay the amount to your ex and keep the deposit in the scheme?
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