Holding deposit paid, contract signed. What now for holding deposit?

So, my tenant paid me a holding deposit, which showed up on my screen.

We have both signed the Tenancy Agreement.

As I understand it, I have several days in which to refund the holding deposit.

How do I go about returning the holding deposit, or does Openrent do this automatically?

I am confused.

The holding deposit stays with Open Rent and they deduct it from the first months rent

So do I get paid my first month’s rent, minus the holding deposit or do I get the full month’s rent?

You get the full months rent a few days after the tenants move in. It’s explained clearly on the site.

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