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    • kg182
    • By kg182 9th Aug 18, 7:08 PM
    • 2Posts
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    kg182
    Advice regarding rental deposit
    • #1
    • 9th Aug 18, 7:08 PM
    Advice regarding rental deposit 9th Aug 18 at 7:08 PM
    background - currently renting with someone who I donít want to live with anymore. Joint tenancy but I have a feeling that if I asked to leave they would go with it.

    I put the deposit down, and obviously donít have extra money for a new deposit on another rental.

    I donít know how it works and I canít find anything else online, but if I were to move, would my current deposit be transferred?

    Sorry if itís a dumb question, I havenít rented before and havenít moved between rentals.
Page 1
    • Slithery
    • By Slithery 9th Aug 18, 7:19 PM
    • 1,062 Posts
    • 1,732 Thanks
    Slithery
    • #2
    • 9th Aug 18, 7:19 PM
    • #2
    • 9th Aug 18, 7:19 PM
    Nope, it doesn't get transferred.

    You need to save up enough for a new deposit as you won't get the current one back until sometime after the tenancy has ended and you are already in your new property.

    You also can't guarantee getting your full deposit back as the LL may need some/all of it to return your current property to the state it was when your tenancy started (minus fair wear and tear).

    Also as it is a joint tenancy you may not be able to leave without the other person leaving as well.
    • Comms69
    • By Comms69 9th Aug 18, 7:25 PM
    • 5,899 Posts
    • 6,187 Thanks
    Comms69
    • #3
    • 9th Aug 18, 7:25 PM
    • #3
    • 9th Aug 18, 7:25 PM
    Nope, it doesn't get transferred.

    You need to save up enough for a new deposit as you won't get the current one back until sometime after the tenancy has ended and you are already in your new property.

    You also can't guarantee getting your full deposit back as the LL may need some/all of it to return your current property to the state it was when your tenancy started (minus fair wear and tear).

    Also as it is a joint tenancy you may not be able to leave without the other person leaving as well.
    Originally posted by Slithery
    Nicely put!
    • kg182
    • By kg182 9th Aug 18, 7:46 PM
    • 2 Posts
    • 0 Thanks
    kg182
    • #4
    • 9th Aug 18, 7:46 PM
    • #4
    • 9th Aug 18, 7:46 PM
    Thank you so much for answering, Iím still learning about moving with rentals etc
    • Slithery
    • By Slithery 9th Aug 18, 7:51 PM
    • 1,062 Posts
    • 1,732 Thanks
    Slithery
    • #5
    • 9th Aug 18, 7:51 PM
    • #5
    • 9th Aug 18, 7:51 PM
    Have you read...
    Tenancies in Eng/Wales: Guides for landlords and tenants
    • G_M
    • By G_M 10th Aug 18, 4:41 AM
    • 46,192 Posts
    • 55,923 Thanks
    G_M
    • #6
    • 10th Aug 18, 4:41 AM
    • #6
    • 10th Aug 18, 4:41 AM
    Excellent link.


    Ought o be a sticky........
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