What Is a Holding Deposit? A Guide for Landlords

Originally published at: What Is a Holding Deposit? A Guide for Landlords | OpenRent Landlord Hub

Find out everything you need to know about holding deposits as a landlord, including what happens if the tenancy doesn’t go ahead. So, what is a holding deposit? It’s a refundable payment made by the tenant to show their serious intent to rent your property. Also known as a holding fee, it’s paid before signing…