Hi a friend of mine had an agent find him some tenants only. In the agreement it states "£695 per calendar month payable three months in advance. Two months rent to be returned on vacation as long as the rent is not in arrears."
Rent is being paid monthly, normal deposit taken and held in scheme, would this extra rent taken be classed as a deposit that has not been protected as it will be returned at the end of the tenancy and has not been put against rent.
Rent is being paid monthly, normal deposit taken and held in scheme, would this extra rent taken be classed as a deposit that has not been protected as it will be returned at the end of the tenancy and has not been put against rent.
