# Full Deposit for rental not holding fee

**URL:** <https://community.openrent.co.uk/t/full-deposit-for-rental-not-holding-fee/50082>\
**Category:** Tenant Discussion\
**Created:** [14 June 2023 21:22 UTC](https://community.openrent.co.uk/t/full-deposit-for-rental-not-holding-fee/50082 "2023-06-14T21:22:06Z")\
**Posts on this page:** 20\
**Page:** 1

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**Author:** ![Margaret6](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/margaret6/32/9284_2.png) [@Margaret6](https://community.openrent.co.uk/u/Margaret6)\
**Post date:** [14 June 2023 21:22 UTC](https://community.openrent.co.uk/t/full-deposit-for-rental-not-holding-fee/50082/1 "2023-06-14T21:22:06Z")

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So I have found this nice property up my desired standard and can’t wait to call it home!  
**Problem** : landlord wants me to pay full deposit directly to his bank account (not just holding fee) before I even see a draft contract. He is doing everything himself out of open rent.

On my mind is: what if after paying the full deposit is the last time I hear from him?  
I don’t want to loose the property but I don’t want to loose my hard earned £1000 either!  
NB: have searched the registry records at .gov.uk and fund that he is the rightful property owner. And rightful owner of his company

Kindly advise. Thanks in advance

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**Author:** ![Mark10](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/mark10/32/11325_2.png) [@Mark10](https://community.openrent.co.uk/u/Mark10)\
**Post date:** [14 June 2023 21:32 UTC](https://community.openrent.co.uk/t/full-deposit-for-rental-not-holding-fee/50082/2 "2023-06-14T21:32:41Z")

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Where did you see property advertised?  
Is the property on RightMove website?  
Have you viewed property and met landlord?

You need to satisfy yourself it’s no scam.  
Never pay upfront, plaice holding deposit if satisfied, go through referencing.

Do not place security deposit until signing contract.

Paying direct to landlord outside of OR is totally normal.

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**Author:** ![Margaret6](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/margaret6/32/9284_2.png) [@Margaret6](https://community.openrent.co.uk/u/Margaret6)\
**Post date:** [14 June 2023 21:38 UTC](https://community.openrent.co.uk/t/full-deposit-for-rental-not-holding-fee/50082/3 "2023-06-14T21:38:28Z")

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Thanks for your advice mark10. Property advertised on open rent, right move and Zopla. I have viewed and met the landlord who l looks approachable, undertaking and friendly. Has said no to holding fee wants full deposit.

I’m having trouble convincing myself I won’t lose my money

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**Author:** ![Mark10](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/mark10/32/11325_2.png) [@Mark10](https://community.openrent.co.uk/u/Mark10)\
**Post date:** [14 June 2023 21:39 UTC](https://community.openrent.co.uk/t/full-deposit-for-rental-not-holding-fee/50082/4 "2023-06-14T21:39:39Z")

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To advertise on RightMove requires landlord to prove ownership, so a good sign.

Have you been credit checked and passed referencing?

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**Author:** ![Margaret6](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/margaret6/32/9284_2.png) [@Margaret6](https://community.openrent.co.uk/u/Margaret6)\
**Post date:** [14 June 2023 21:42 UTC](https://community.openrent.co.uk/t/full-deposit-for-rental-not-holding-fee/50082/5 "2023-06-14T21:42:15Z")

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Credit check yes. Clean. Referencing not done yet

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**Author:** ![Mark10](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/mark10/32/11325_2.png) [@Mark10](https://community.openrent.co.uk/u/Mark10)\
**Post date:** [14 June 2023 21:45 UTC](https://community.openrent.co.uk/t/full-deposit-for-rental-not-holding-fee/50082/6 "2023-06-14T21:45:43Z")

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Is he a new landlord? This is not the normal way, you may fail application yet, to which he can only keep a holding deposit (1 weeks rent) if you have provided false info, or withdraw application.

He wouldn’t be able to legally keep the security deposit.

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**Author:** ![Margaret6](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/margaret6/32/9284_2.png) [@Margaret6](https://community.openrent.co.uk/u/Margaret6)\
**Post date:** [14 June 2023 21:48 UTC](https://community.openrent.co.uk/t/full-deposit-for-rental-not-holding-fee/50082/7 "2023-06-14T21:48:21Z")

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New landlord he is. Indeed I would feel safe placing only holding fee but he won’t take it

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**Author:** ![Colin3](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/colin3/32/450_2.png) [@Colin3](https://community.openrent.co.uk/u/Colin3)\
**Post date:** [14 June 2023 21:50 UTC](https://community.openrent.co.uk/t/full-deposit-for-rental-not-holding-fee/50082/8 "2023-06-14T21:50:07Z")

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i have never taken a holding fee .If I say the place is yours , i mean it

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**Author:** ![Mark10](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/mark10/32/11325_2.png) [@Mark10](https://community.openrent.co.uk/u/Mark10)\
**Post date:** [14 June 2023 21:50 UTC](https://community.openrent.co.uk/t/full-deposit-for-rental-not-holding-fee/50082/9 "2023-06-14T21:50:55Z")

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Has he said deposit will be lodged with a scheme?

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<div class="post-metadata">

**Author:** ![Margaret6](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/margaret6/32/9284_2.png) [@Margaret6](https://community.openrent.co.uk/u/Margaret6)\
**Post date:** [14 June 2023 22:00 UTC](https://community.openrent.co.uk/t/full-deposit-for-rental-not-holding-fee/50082/10 "2023-06-14T22:00:31Z")

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Yes he has. Doesn’t want to use open rent

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<div class="post-metadata">

**Author:** ![Mark10](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/mark10/32/11325_2.png) [@Mark10](https://community.openrent.co.uk/u/Mark10)\
**Post date:** [14 June 2023 22:04 UTC](https://community.openrent.co.uk/t/full-deposit-for-rental-not-holding-fee/50082/11 "2023-06-14T22:04:14Z")

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You may choose to give him benefit of the doubt, but he is doing it incorrectly.

Direct him to the TDS website.

[https://www.tenancydepositscheme.com/asktds-should-i-pay-my-deposit-before-or-after-signing-a-tenancy-agreement/#:~:text=As%20a%20deposit%20is%20usually,you%20to%20do%20so%20before](https://www.tenancydepositscheme.com/asktds-should-i-pay-my-deposit-before-or-after-signing-a-tenancy-agreement/#:~:text=As%20a%20deposit%20is%20usually,you%20to%20do%20so%20before).

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<div class="post-metadata">

**Author:** ![Margaret6](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/margaret6/32/9284_2.png) [@Margaret6](https://community.openrent.co.uk/u/Margaret6)\
**Post date:** [14 June 2023 22:07 UTC](https://community.openrent.co.uk/t/full-deposit-for-rental-not-holding-fee/50082/12 "2023-06-14T22:07:33Z")

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Doing it incorrectly indeed. Ok let me start thinking positively and if I should give him benefit of doubt.

Im thinking that I shall come here to tell you all how I cried myself to sleep when I don’t hear from him again after I have paid 🙄

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<div class="post-metadata">

**Author:** ![Mark10](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/mark10/32/11325_2.png) [@Mark10](https://community.openrent.co.uk/u/Mark10)\
**Post date:** [14 June 2023 22:09 UTC](https://community.openrent.co.uk/t/full-deposit-for-rental-not-holding-fee/50082/13 "2023-06-14T22:09:16Z")

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Let’s hope not 🙂 it should be a two way relationship, reasoning both ways. Check the link I sent.

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<div class="post-metadata">

**Author:** ![Margaret6](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/margaret6/32/9284_2.png) [@Margaret6](https://community.openrent.co.uk/u/Margaret6)\
**Post date:** [14 June 2023 22:11 UTC](https://community.openrent.co.uk/t/full-deposit-for-rental-not-holding-fee/50082/14 "2023-06-14T22:11:13Z")

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I have checked the link. Thank you Mark10. Indeed it outlines the correct way of going about this. I’m wondering how to send them this link without offending them

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<div class="post-metadata">

**Author:** ![Mark10](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/mark10/32/11325_2.png) [@Mark10](https://community.openrent.co.uk/u/Mark10)\
**Post date:** [14 June 2023 22:12 UTC](https://community.openrent.co.uk/t/full-deposit-for-rental-not-holding-fee/50082/15 "2023-06-14T22:12:37Z")

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It’s a tricky one, may be best addressed on phone. Not sure how much you’ve discussed the topic though.

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<div class="post-metadata">

**Author:** ![Margaret6](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/margaret6/32/9284_2.png) [@Margaret6](https://community.openrent.co.uk/u/Margaret6)\
**Post date:** [14 June 2023 22:14 UTC](https://community.openrent.co.uk/t/full-deposit-for-rental-not-holding-fee/50082/16 "2023-06-14T22:14:39Z")

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We are discussing via open rent messaging

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<div class="post-metadata">

**Author:** ![David122](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/david122/32/1449_2.png) [@David122](https://community.openrent.co.uk/u/David122)\
**Post date:** [15 June 2023 08:50 UTC](https://community.openrent.co.uk/t/full-deposit-for-rental-not-holding-fee/50082/17 "2023-06-15T08:50:17Z")

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Ask for at least a draft copy of the contract and if you wish, proof of ownership of the property prior to paying.

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<div class="post-metadata">

**Author:** ![Margaret6](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/margaret6/32/9284_2.png) [@Margaret6](https://community.openrent.co.uk/u/Margaret6)\
**Post date:** [15 June 2023 10:42 UTC](https://community.openrent.co.uk/t/full-deposit-for-rental-not-holding-fee/50082/18 "2023-06-15T10:42:32Z")

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Thanks David122. Will do!

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<div class="post-metadata">

**Author:** ![Mark10](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/mark10/32/11325_2.png) [@Mark10](https://community.openrent.co.uk/u/Mark10)\
**Post date:** [15 June 2023 19:56 UTC](https://community.openrent.co.uk/t/full-deposit-for-rental-not-holding-fee/50082/19 "2023-06-15T19:56:58Z")

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You haven’t asked to see a draft ?!  
I must stop assuming…

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<div class="post-metadata">

**Author:** ![Margaret6](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/margaret6/32/9284_2.png) [@Margaret6](https://community.openrent.co.uk/u/Margaret6)\
**Post date:** [15 June 2023 21:14 UTC](https://community.openrent.co.uk/t/full-deposit-for-rental-not-holding-fee/50082/20 "2023-06-15T21:14:32Z")

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Thanks. I have asked to see a draft contract. Still waiting for him to share it.

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