How to get a holding deposit back?Make Text Bigger
I am a prospective tenant where the agency and landlord have taken considerable time drafting the lease, so much in fact that there is little time until the lease is targeted to commence.
At this point I have no confidence that the AST will be complete when my current lease expires. Given this I have had to extend my existing lease (which is quite a bit more expensive than the new one) and want to cease negotiations on the targeted property.
If I ask for return of my holding deposit do I have a good chance of receiving some or all of it? And if so, how should I make this request? One additional point, when the holding deposit was taken it was itemized as “Initial Rent” by the agent in the invoice.
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