What is a holding deposit? Your agents take a holding deposit for a property, then continue to arrange viewings at the same property over the following 3 weeks, presumably taking more deposits. Is this normal practice?
I enquire about my possible tenancy and the reply is always that "the Landlord will be getting back to us tomorrow with a decision, I will call you tomorrow". The call never comes, this happened MANY TIMES. I wonder if the t&c have anything to do with it namely, the clause that if i withdraw interest, you keep the deposit (are your agents on commission with this deposit?).
Thank you for your reply.
Are your agents on commission if they manage to keep a holding deposit?
I witnessed the same property being shown to potential tenants a number of times AFTER I had left a holding deposit. Is this standard practice?
Please just answer me this, does a holding deposit = effectively holding the property on the market until such time that the LL decides to give tenancy or not?
It was clearly difficult for Issmail to concede that I can't have the property - after a dozen false promises , and finished with, But it is not 100% yet , he might still let you have it, nearly a month
773 days ago