and no reference checks have been done on you (thats what the money is meant to be for - to pay the auditors/accountants to do the refrences checks) .The estate agent said the deposit is non-refundable.Yes, that I can understand but NO reference checks were done...??? so why would the money be kept.can I legally claim it back?
2006-09-11 15:45:13 · 10 answers · asked by Sugarlolypop 1 in Business & Finance ➔ Renting & Real Estate
if you are in the uk, im guessing you are, im pretty sure that a recent legislation came out not allowing landlords to take deposits anymore as a lot of tenants were losing them for unjustified reasons.
im not an expert on the subject but im pretty certain my landlord was talking about it a few months ago.
may be worth your while to look into it a bit further
good luck
2006-09-11 17:07:20 · answer #1 · answered by andyh7777 1 · 0⤊ 0⤋
The deposit is to make up for the loss of rent that the landlord would have received if you had not wasted his time. Someone else might have come by the same day and moved in had you not put that deposit down. Now the landlord has to re-list the rental and that takes money, which YOU are going to pay for.
thank you.
2006-09-11 22:51:08 · answer #2 · answered by Anonymous · 0⤊ 0⤋
It depends on what deposit this was.
If it was a deposit of rent then you are unlikely to get it back. Even though no references have been taken up you have indicated that by making a deposit you wish to enter into a contract. You have now chosen to break that contract.
If it was a deposit against damage then yes it should be refunded in full.
2006-09-12 01:03:26 · answer #3 · answered by Martin14th 4 · 0⤊ 0⤋
The deposit is so that they have something to show for the time that they took it off the market for, even if you later let them down, and so that you show that you have made a commitment to the deal and would not. You did, so it is not fair to expect your money back. They might not have trusted you anyway, and not felt the need to prove your unreliability with references
2006-09-11 23:29:56 · answer #4 · answered by cdrotherham 4 · 0⤊ 0⤋
m oney guaratees that you are going to take the flat. Also will be kept b y the Landlord (earn interest for you) for either repair of damages caused by you or default in your payments. Reference checks is complete up to the Landlord most of the time is made by himself and all the cost is a telephone call. It seems that you changed your mind and are looking to get out of the deal. Good luck next time
2006-09-11 22:56:25 · answer #5 · answered by lm050254 5 · 0⤊ 0⤋
the deposit is meant to be on hold incase you back out from the tenancy agreement. you have every right to claim the money back as long as you o not breech the contract.
2006-09-11 22:57:36 · answer #6 · answered by Opra P 1 · 0⤊ 0⤋
it is a deposit. you pull out you lose the deposit. someones got to pay for the time they have now wasted processing your application, even if its not gone very far yet.
2006-09-12 07:23:37 · answer #7 · answered by alatoruk 5 · 0⤊ 0⤋
the money would be kept
once you have paid the deposit it comes of the market losing any other intrest in it
2006-09-11 22:49:40 · answer #8 · answered by JAMES OY 3 · 0⤊ 0⤋
if there was problems with the flat your money should be returned
can you think of , or invent any that might help your cause,
burst pipe , no heating ect...........
2006-09-11 23:04:43 · answer #9 · answered by merlin 5 · 0⤊ 0⤋
sorry no refund
2006-09-11 22:56:43 · answer #10 · answered by Bob 4 · 0⤊ 0⤋