When should you pay a deposit | The Tenants' Voice
Cookies must be enabled for this site to function properly

Topics / Deposits 

start a new discussion

When should you pay a deposit

0 helpful votes
This is the number of people who have indicated that they have found this discussion useful.
625 views 1 replies latest reply: 08 December 2015

Hi… I am wondering when it is safe to pay a deposit for a flatshare. I have heard some scary stories of people being victims of fraud and losing money..

Has anyone else been the victim of fraud or paid a deposit and then been messed around by the landlord?

Get up to £120 in discounts !

Save 10% on 25+ services for your home and garden when you book with Fantastic Services !

Book now and use promo code FTTV10* to receive 10% OFF the price of 25+ services for your home and garden !

Get 10% OFF the price of your service with our promocode:

  • 10% OFF End of tenancy cleaning
  • 10% OFF Removals
  • 10% OFF Handyman services
  • 10% OFF Garden Maintenance
  • 10% OFF Carpet cleaning
  • 10% OFF 25+ more services for your home and garden

*Use code: FTTV10 to get 10% OFF all services (Excluding Locksmith Services).

Minimum charges and T&C apply! Can not be combined with other offers and discounts. No expiry date.


Hi Ollie

You only need to pay your deposit on the day that you move. The deposit is to protect the landlord if you cause damage to the property – it gives them a way of recoupoing loss from that damage. So there is no need to pay the deposit over until you have access to the property (i.e. the keys). Make sure that you get a receipt for the deposit – the best way to pay it is by bank transfer so you have a record of who it was paid to and when. It might also be worth asking the landlord which deposit protection scheme he/she will be paying it into as that will allow you to follow its progress.

The only exception is a holding deposit which you would pay in advance to get the landlord to stop advertising the property. This should be much less (a week or two’s rent) and again make sure you get a receipt and tranfer it so you have a record.


Showing 1 - 1 of 1 Comments
start a new discussion

Post a reply