holding fees

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  • scotslawyer
    started a topic holding fees

    holding fees

    Although I know a bit about landlord and tenant in Scotland ,England is foreign territory legally speaking. My son is studying away from home. His latest lease has both a holding fee and a deposit. The holding fee effectively seems to be compensation for the fact that the lease doesn't start until September . So it's not really a deposit but more a claim for half rent labelled a holding fee. During the period the fee runs for there is no right of occupation including none to leave stuff in the property.
    I'm not particularly happy about this since it seems to me that he's paying something for nothing and I recall premiums used to be (may still be) illegal.
    As I read it in the contractthe "holding fee" is not returnable even after the tenacy commences or indeed is completed.
    Any views?
    Last edited by scotslawyer; 02-05-2009, 09:38 AM. Reason: typo

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