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can anyone help pls -

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By *ot to giggle OP   Woman
29 weeks ago

Coventry

i know this is a bit of a long shot but i dont know what to do - my kid and her uni friend put a deposit for a property in September - and for whatever reason they have to pull out - the deposit is for 276 - now the property agent is saying that the total amount is not refundable - these were two 17 yr old kids - i would understand if they took some for references but .............

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By (user no longer on site)
29 weeks ago

I think it will depend on what the deposit was for.

Was it for the rental or was it for a security type thing for property damage

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By *ather WickmasMan
29 weeks ago

The Continental

Hard to tell without seeing the tenancy agreement.

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By (user no longer on site)
29 weeks ago

Most deposits are non refundable.

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By (user no longer on site)
29 weeks ago

I mean, at the time of putting down a deposit they're securing the property. Imagine if the foot was on the other shoe?

I think it's Sad lesson to learn.

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By *ose-tinted GlassesMan
29 weeks ago

Glasgow / London

It’s not nice, but this is the whole point of a deposit. I’m afraid it’s gone.

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By *ellhungvweMan
29 weeks ago

Cheltenham


"I mean, at the time of putting down a deposit they're securing the property. Imagine if the foot was on the other shoe?

I think it's Sad lesson to learn. "

Harsh but true.

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By *icecouple561Couple
Forum Mod

29 weeks ago

East Sussex

What's in the agreement and did they sign to say they'd read it?

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By *ot to giggle OP   Woman
29 weeks ago

Coventry


"What's in the agreement and did they sign to say they'd read it?"

im trying to track down what they have signed - grrrrrr teens !!!

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By *ansoffateMan
29 weeks ago

Sagittarius A

Shelter the charity may be able to offer some advice.

As far as I am aware under 18s can consent to deposit terms and agreements.

It's shitty but I suspect it's gone. Nobody does the decent thing these days it seems. Sorry.

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By *ot to giggle OP   Woman
29 weeks ago

Coventry

i thought

1. the deposit was supposed to be a reasonable amount - the rental wasnt until September its a student let - they would be able to get new people before then.

2. they 17 - therefore not legally allowed to sign an agreement

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By *icecouple561Couple
Forum Mod

29 weeks ago

East Sussex


"What's in the agreement and did they sign to say they'd read it?

im trying to track down what they have signed - grrrrrr teens !!! "

Tell me about it!

This is bringing back memories of me finding accommodation before I moved away for college. I was sooo naive

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By *ornycougaWoman
29 weeks ago

Wherever I lay my hat


"What's in the agreement and did they sign to say they'd read it?

im trying to track down what they have signed - grrrrrr teens !!! "

Not being a bitch - I have 3 grown up kids so been through most things with them over the years. Sometimes they have to lose money to learn valuable life lessons.

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By *ot to giggle OP   Woman
29 weeks ago

Coventry


"What's in the agreement and did they sign to say they'd read it?

im trying to track down what they have signed - grrrrrr teens !!!

Tell me about it!

This is bringing back memories of me finding accommodation before I moved away for college. I was sooo naive"

and now she needs to get back into student halls who now also need another deposit - im leaking money !!!

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By *he love catsCouple
29 weeks ago

South Wales

Did anyone go as guarantor for them?

Usually these contracts are non refundable and if there any standing amounts that aren't paid that will then fall to the guarantor to pay up the shortfall.

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By *ickie76XXXMan
29 weeks ago

dartford

You will need to check the wording on whatever they have signed or agreed too. This sometimes now can be clicking on a few T&C’s document that may have been sent via email.

As the posts above say. Deposits are generally non refundable and give security so if like in your kids case they pull out then time is covered financially and they will probably say this is to cover additional administration.

Check what it says as if it’s not clear then you may have a case to complain. The trouble is the money has already gone so it would be like getting blood out of a stone even if you were totally in the right.

Sorry not to have more positive response and I do feel for you and if it was my son I would be fuming too as it’s hard enough for them anyway.

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By *icecouple561Couple
Forum Mod

29 weeks ago

East Sussex


"What's in the agreement and did they sign to say they'd read it?

im trying to track down what they have signed - grrrrrr teens !!!

Tell me about it!

This is bringing back memories of me finding accommodation before I moved away for college. I was sooo naive

and now she needs to get back into student halls who now also need another deposit - im leaking money !!! "

Oh god! How stressful!

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By *oodmessMan
29 weeks ago

yumsville

We are in late May. The landlord should have ample time to find a new tenant before Sept term start. They have given more than enough notice they wont be letting it.

Speak to (local area) Citizens advice and the student Accommodation Services at the Uni, they are pretty strict on who they allow to advertise as recommended student lets so could be able to help

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By *rLothbrokMan
29 weeks ago

Lancs

If it’s a holding deposit, the most a letting agent/landlord can charge is 1 weeks rent of the property. They can also only take 1 holding deposit at a time. They then aren’t able to show that property to anyone else whilst it’s under holding.

Secondly, as they are minors, they’re deemed to not have full capacity to enter into agreements.

The general rule is contracts made by minors are generally voidable at the choice of the minor. Exceptions include contracts for beneficial services or necessaries, this means it must be suitable to the condition in life of the minor and their actual requirements at the time of sale.

So, if minor was an undergrad at Oxford or Cambridge university and buys fancy waistcoats due to that, it could be deemed that his station in life would mean the waistcoats would be suitable. However if he has sufficient clothing already, it would be deemed not necessary and the sales contract would be voidable.

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By *ot to giggle OP   Woman
29 weeks ago

Coventry

thanks guys - i will call the agent tomorrow and try. Single parenting is hard enough when you havent got a lose cannon spender!!

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By *ripfillMan
29 weeks ago

Paris, New York, Hong Kong and Havant


"Hard to tell without seeing the tenancy agreement. "

Spot on …

The uni may help with their legal dept too ?

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