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Holding deposit and what to do?

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Feeling guilty.

Tenants made offer on flat 5 day before Christmas with move in date mid Jan. They made an offer on the rent which I grudgingly accepted. (Rent already reduced due to Christmas & only adverstised 2 days). They paid holding deposit and credit check fee immediately.

I have just had offer of asking rent from another couple and would like to take it.

Can I return all moneys to original prospect on some pretext without repercussions? What would you do?

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