Deposit/holding fee
Tenancy Deposits

Joint Deposits/Witheld Rent
Joint Deposits/Witheld Rent
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10 Posts
3 years ago
0

Group of students claimed property and paid deposit but did not get as far as completing application forms and therefore no further docs eg AST etc. Verbal agreement that deposit of £500 included non refundable holding element of 50% but no paper chain supporting this. Group have announced they are pulling out and demanding full refund. Deposit protected by TDS with fees attached. Can I withold 50%, or TDS fee only, or nothing? Thanks!

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