I am currently living in a rent under 6 month contract (property is managed by the agency). When I asked agency if my deposit has been protected with deposit scheme I got following reply from them:
The Deposit protection scheme is not applicable for the nature of this agreement. What you paid at the check-in is a Refundable Fee, that will be refunded to you when you vacate the room
and in the contract there is a following block:
This agreement is not intended to confer exclusive possession upon the Licensee, nor is it intended to create the relationship of landlord and tenant between the parties. The Licensee shall not be entitled to an assured tenancy or a statutory periodic tenancy under the Housing Act 1988 or to any other statutory security of tenure now or upon the determination of the Licence. The Licensee accepts that this Licence does not confer any statutory protection and/or rights that would otherwise be applicable to an assured tenancy or a statutory periodic tenancy under the Housing Act 1988.
Are they right, and in this case deposit protection should not be applied?
Thanks in advance.