Is deposit per person or per property?

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

    Is deposit per person or per property?

    I moved into my flat a few months ago and my boyfriend wants to move in in the next month or two. I have paid the £450 deposit. I just want to know if the deposit I have paid is for the whole property or per person as if my boyfriend has to pay the £450 as well he would not move in? He thinks the deposit should be for the whole property and all the letting agent needs to do is to add him onto the tenancy agreement.

    #2
    Depends on your tenancy agreement most likely. How is the rent going to be split when he moves in? Will rent stay the same and you half it, or is rent being doubled(same each as you are paying now)? If its the first, then damage deposit shouldnt change, if 2nd then it should. I think!
    Any posts by myself are my opinion ONLY. They should never be taken as correct or factual without confirmation from a legal professional. All information is given without prejudice or liability.

    Comment


      #3
      Originally posted by wing
      I moved into my flat a few months ago and my boyfriend wants to move in in the next month or two. I have paid the £450 deposit. I just want to know if the deposit I have paid is for the whole property or per person as if my boyfriend has to pay the £450 as well he would not move in? He thinks the deposit should be for the whole property and all the letting agent needs to do is to add him onto the tenancy agreement.
      Is your boyfriend moving in with your LL's permission? If not then you will probably be in breach of your tenancy agreement and liable for eviction. He can't be added to the agreement, you will need a new one. Whether he moves in with permission or a new agreement is drawn up the deposit should not come into it. The deposit is a surety which can be used by the LL to cover damages and unpaid rent, it is usually between one month's and six weeks rent.

      Comment

      Latest Activity

      Collapse

      • Joint tenancy - end fixed term
        Nottinverno
        Hello,

        need some advice, please, I'm getting mad at this.

        I have a joint tenancy, renting a flat through an agency with other 2 people, ending end January.
        I have decided to move out and I gave my notice (to both the agency and my flatmates) last end November, however...
        09-01-2018, 14:29 PM
      • Reply to Joint tenancy - end fixed term
        KTC
        Ask the solicitor for their interpretation of section 5(5)(b) of the Housing Act 1988 regarding giving a notice to quit on the first day of the statutory periodic tenancy.
        19-01-2018, 22:54 PM
      • Reply to Joint tenancy - end fixed term
        Nottinverno
        Oh nono, I have to leave at the end of Feb. I have already moved forward my move and luckily the new landlord is flexible, but I can't stay other 2 months in my current place.
        It really seems that as soon as the periodic roll starts I can serve 1 month notice, so by end Feb I should be able to...
        19-01-2018, 22:48 PM
      • Payment Break
        OlliesDad
        I have a great long-term tenant who, along with her husband and daughter has been with me for nearly 5 years. Unfortunately the husband has done the dirty and left leaving her with nothing but debts. Her finances are in a mess and she has said she may need to move in with family whilst she sorts herself...
        18-01-2018, 21:27 PM
      • Reply to Payment Break
        royw
        You have a good tenant and if it were me I'd be looking for ways to keep her rather than evict her. Might be worth having a chat and find out how much she can afford now and in the long-term. If she can afford it on her own once the debts are cleared possibly offer her a reduced rent for a year equivalent...
        19-01-2018, 22:26 PM
      • Tenants not vacated at check-out
        tatemono
        Had a lovely young couple with a baby in our property for about 8 months, they gave notice to leave as he'd moved out after they split up and she couldn't afford rent. Sad situation for them. Property has been on market since.

        Anyway, yesterday our very competent and well-trusted long-standing...
        09-01-2018, 08:58 AM
      • Reply to Tenants not vacated at check-out
        KTC
        If it were a notice to quit given during a periodic tenancy, as opposed to an agreement with the landlord during the fixed term, then tenancy has ended. Validity of a notice to quit does not depend on whether the tenant follow up and acting in accordance to it. A notice to quit is not a notice of intention....
        19-01-2018, 22:20 PM
      • Reply to Tenants not vacated at check-out
        buzzard1994
        But the notice wasn't valid because the tenant did not give up possession. The notice is an intention to end the tenancy but the tenant remains in possession so they did not end the tenancy. If it was the end of a fixed term that would be different....
        19-01-2018, 22:06 PM
      • Reply to Joint tenancy - end fixed term
        KTC
        Just serve your own notice and leave them to it. Wish them good luck if either one tries to sue you for rent etc.

        Having said that, I'm not totally sure about my previous advice that you can give notice on the first day of the periodic tenancy, so if you want to be safe, give notice after...
        19-01-2018, 21:53 PM
      • Tenant paying rent erratically after section 21 notice. Best course of action?
        Flipjango
        We had tenants move in on a 12 month AST with a 6 month break clause on 10th August 2017. Less than two months into their tenancy the tenants (a couple) split up and one tenant moved out. Tenant 1 (the one who moved out) continued to pay his share of the rent, (if rather erratically and late, and with...
        18-01-2018, 20:42 PM
      Working...
      X