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UKSolicitorJA
UKSolicitorJA, Solicitor
Category: Property Law
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Experience:  English solicitor with over 12 years experience
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question already submitted where a cntract has been terminated

Resolved Question:

question already submitted where a cntract has been terminated for financial reasons does a company have the right to with hold a large deposit where the work in this case a conservatory has not been commenced
Submitted: 3 years ago.
Category: Property Law
Expert:  UKSolicitorJA replied 3 years ago.
Hello,

It depends, if the company in question has suffered no loss as a result of the cancellation, then it should refund the deposit, if there was a loss, they should say what it is.

I am assuming that the contract does not say that the deposit is non refundable if the contract is cancelled for whatever reason.

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