No deposit no 1st month rent its past moving in date

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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