Tenants agreement signed, the tenant hasn’t paid the deposit or the first months rent to openrent. they have made excuses to delay, I agreed to delay 1 week, they still haven’t payed. They are not in the property or have the keys. How do i cancel the tenancy agreement and move on. what happens to the holding deposit?
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Speak to Openrent about it. You may be entitled to receive the holding deposit as compensation.
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You can legally keep the holding deposit as the tenants have let you down. I think there is a time limit when they have to have signed the tenancy agreement by and moved in, otherwise the agreement becomes null and void.
If i were you, i would re-advertise and move on from these people to avoid problems further down the line.
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