Tenant backing off after signg contract and before moving in


Yesterday the tenant signed the tenancy agreement and afterwards I did, so it was signed by all parties. Today he notified that he wants to pull out as his work contract fell through.
He has placed a holding deposit so far. Where do I stand as a landlord? He wasted much of my time. Do I get to keep the holding deposit at least? Is he liable for the whole period of the assured short hold tenancy agreement?

Hi Despoina, is this an OpenRent tenancy? If so then it will be best to email our team on https://www.openrent.co.uk/faq#i-have-more-questions so they can help you resolve this.