Renting / Deposits

Soldato
Joined
20 Oct 2002
Posts
19,033
Location
London
Whats the deal with deposits if you are going to stay in the same property for a second year? Should you pay another deposit?

We paid a £125 deposit when we moved into our student house, and we stayed for a second year. When we re-signed they tried to get us to pay another deposit of the same amount, but we refused (assuming they were money-grabbing).

Now we've moved out and got the remnants of our deposit.. £7.50 :rolleyes:

Half of that seems to have been taken off for not paying the second deposit :confused:
 
I've moved out now btw. We moved out this summer.

The first contract started in July '04 until July '05 and it was renewed for July '05 to July '06. So there was no summer break at all, it was just a renewal. So we didnt think it was fair to pay another deposit.

The deposit we paid in the beginning was £125 and we've each got back £7.50 of it (now that we've moved out).

I'm not sure if it helps but on the sheet/letter they sent it says:

Deducted: £55.00 -- Extra deposit not paid for resigning

Just to make it clear, they didnt hassle us for the second deposit. They asked for it and we argued it out with them and they accepted that we wouldnt pay it because we're staying on.
 
*sigh*

It seems that because they were expecting half the original deposit again when we renewed the contract, they took that off the sum of our first rent payment for the second year.

So the first rent payment of the second year was £55 cheaper than the rest, and they've now decided to get that £55 back. :mad:

What with my bank charging me £170 from our joint/house account for going 60p overdrawn (and idiot companies trying to take out direct debits afterwards), now this, and the fact no one will give a graduate a friggin' temp job stacking shelves i'm getting mightily pee'd off today :mad:

Scumbags!!
 
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