Cottage fields have been very professional and also patient with our enquiries. They have helped us to find the right property which we was looking for, they are very good at keeping their customers updated. They all as a team are very good and friendly people. I thank them so much for there help with everything. We have found the right property for our family. We thank them so much. Keep safe and thank you for all your time and effort.
389 days ago
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
844 days ago