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Renewal rental agreement, another deposit required?
rob
Comments
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Strangely son would be better off agreeing, signing and paying extra deposit. Then "the deposit" ( original plus new ) would be over limit for deposit and I think any s21 notice invalid and him due compo for landlord/agent breaching deposit regulations of up to 3x "the deposit".
Silly agent. Wonder what else they got wrong.
He didn't need to renew to stay on. Just him carrying on in occupation continues tenancy as rolling monthly "periodic tenancy".1 -
Your Son does not have to pay another deposit.
However the Lettings Agents and /or the Landlord needs to reprotect the deposit he paid last year.
Hopefully it's the same rent as last year ?1 -
thanks for the speed replies...!!0
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In case he is not aware he doesn’t have to sign a new agreement to stay in the property. If he doesn’t sign the tenancy will automatically continue on a periodic basis. (Obviously might as well sign if he wants the security of a 12 month rental agreement, but if there is a chance he might move with 12 months then might want to consider rolling )
As above he won’t need to pay a new deposit.1
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