NW1
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Letting Agent Holding Deposit
NW1 replied to bigron82's topic in Residential and Commercial lettings/Freehold issues
Hi there, A very brief but similar problem. I put down a holding deposit on a flat. We are subsequently unable to all live together as one tenant is unable to move in. However we were expressly told they would need all our signatures as well as the holding deposit to take the flat off the market. We have not supplied any signatures. Am I right in thinking that there has been no consideration for the money we have handed over and so no legally binding contract has been formed and we are entitled to receive our holding deposit back? Many thanks NW1
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