Letter Informing Not Return Holding Deposit – Tenant Not Proceeding (Wales)

This template is a letter in Word format which has been created for informing the payer that the landlord or agent (or whoever received the holding deposit) is not repaying the holding deposit as a result of the tenant informing the landlord that they no longer wish to proceed with the tenancy.

Description

Product code: F110WB – for updates see tab

Wales ONLY

From 1 September 2019, Renting Homes (Fees etc.) (Wales) Act 2019, a “holding deposit” is a permitted payment up to a maximum of 1 weeks rent. However, there is a very specific procedure to be followed when handling holding deposits.

This template is a letter in Word format which has been created for informing the payer that the landlord or agent (or whoever received the holding deposit) is not repaying the holding deposit as a result of the tenant informing the landlord that they no longer wish to proceed with the tenancy.

Updates

## Current Version

09/19 – first added

## Previous Versions

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