Q:We have just moved into our first rented house. The EA said they put our deposit in one of the schemes and we paid 1 months rent in advance. They also took an extra ￡100 which they hold in their account, which they called holding money. The EA said the holding money is held by them to the end of tenancy as rent in advance and will be returned at the end of the tenancy if all rents are paid to date and that this money does not form any part of a deposit.
What if the EA goes bust? How would we get out ￡100 back and our interest?
Rent To Buy HandbookA:Rent: ￡500pcm plus ￡500 chicken money. No no, it's not a deposit, it's Chicken money. It's mainly in case chickens explode in the kitchen but also for if the property gets damaged.
No it's not a deposit it's chicken money. Why? because we say it is.
The solicitor laughed at the agents wording too.
Jill xx
How To Live Rent-Free!A:Thank you everyone for taking the time to post those kind and helpful words.
Chickmug, the agent in not a member of NAEA unfortunately. He is just a one shop agent doing sales and lets with a handful of staff .
Rent to Own E-BooksA:Rent: ￡500pcm plus ￡500 chicken money. No no, it's not a deposit, it's Chicken money. It's mainly in case chickens explode in the kitchen but also for if the property gets damaged.
No it's not a deposit it's chicken money. Why? because we say it is.
Probability EA 7.1.1A:I feel a bit demoralised about all this as I had to get my father to help when we were trying to stand on our own two feet for the first time.
Hi Jill – don't feel bad about it. You recognised the problem, and got it dealt with. There's nothing wrong with asking for help – it's far, far better than just ignoring the problem.
Wizztrading.com – EA Trading Systems As Never Seen BeforeA:I thought I would give you kind people an update on my situation. The ￡100 has been given back to us as my father got his solicitor to write to the agents. He pointed out that this ￡100 should have been put in the deposit scheme with the rest of our money and should not have been kept by them. At the same time he also got the landlady to do her repairs, which she had refused to do. We are going to move out at the end of the 6 months contract as we don't trust this landlady anymore.
I feel a bit demoralised about all this as I had to get my father to help when we were trying to stand on our own two feet for the first time.
Thank you for your help.
Jill xx
If the EA is a member of the NAEA they have to follow very very strict rules about taking and holding deposits.
Top Rent To Own Program – Recurring Billing – $1 Free TrialA:Don't be demoralised – you recognised that something was wrong, sought advice about it, and got help to sort the situation out – you should give yourself some credit for that! You need to trust your instincts in situations like this, and if you don't feel like your landlord is trustworthy, moving out is the right thing to do. And I'm sure that this will give you confidence in the future – fingers crossed you won't go through something like this again!
Forex Outbreak Trading EAA:I thought I would give you kind people an update on my situation. The £100 has been given back to us as my father got his solicitor to write to the agents. He pointed out that this £100 should have been put in the deposit scheme with the rest of our money and should not have been kept by them. At the same time he also got the landlady to do her repairs, which she had refused to do. We are going to move out at the end of the 6 months contract as we don't trust this landlady anymore.
I feel a bit demoralised about all this as I had to get my father to help when we were trying to stand on our own two feet for the first time.
Thank you for your help.
Jill xx
Rent To Own Program 70% PayoutA:Thank you for your replies.
I phoned the deposit protection scheme and they agreed that it was a deposit and didn't sound legal. They said that they couldn't give legal advice and that I should seek this from the CAB or a legal helpline on my contents insurance.
Thank you both for your help.
Jill xx
Must have tool! Forex-MA-Close on Cross-EAA:Try the CAB if what Guy said doesn't help.It is a deposit, so should be protected.
How to Buy a Home with a Months WagesA:I'd call up one of the deposit protection schemes & ask if this is legal. Since I can't see how the £100 isn't a deposit. If that doesn't work, try calling ARLA to see what they say.
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