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F E Smith
F E Smith, Advocate
Category: Law
Satisfied Customers: 9339
Experience:  I have been practising for 30 years.
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My son has agreed verbally to rent a house with 6 other

Resolved Question:

good morning
my son has agreed verbally to rent a house with 6 other students, he has not signed any contract yet, and we have not signed as guarantors, but he has lodged a deposit with an agent.
if the contract is not signed is he able to a refund of his deposit ?
Nigel Gilks 07866 757444
Submitted: 1 year ago.
Category: Law
Expert:  F E Smith replied 1 year ago.

If he has paid the deposit which was the deposit for the property, he is entitled to it back in full.

If it was a booking fee in respect of the agent removing the property from their letting list, pending a tenancy agreement, they would be allowed to keep a reasonable amount of money, probably £100 or a little more.

They would not be entitled to keep, for example, £500.

Can I clarify anything for you?

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Best wishes.

FES.

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