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Will you be able to find someone else to take the date?
Hi. I've been asked to look at this.
Why will you have to reduce the price?
But if you can replace the booking with something else then surely you won't be losing a booking?
No, that is an unlawful term.
Whether the deposit says it is not refundable or not matters not.
You have an obligation to make efforts to mitigate your loss by trying to sell the booking to another. If you do not achieve that then a court will want to establish what steps you have taken. Whether or not your explanation would be accepted depends on the length of time you have had to sell.
If this is months away then probably you will have to return in full.
If it is very imminent then maybe not.
As I said, that is an unlawful term.