Receipt for Holding Deposit (Tenant Fees Act – England)

Under the Tenant Fees 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 is a PDF receipt to give to the “payer” of the holding deposit and contains all appropriate information including details of the payer and importantly any agreed “deadline for agreement”.

Description

Product code: F110 – for updates see tab

ENGLAND ONLY

For Wales, please use this receipt for deposit.

From 1 June 2019, under the Tenant Fees 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 is a PDF receipt to give to the “payer” of the holding deposit and contains all appropriate information including details of the payer and importantly any agreed “deadline for agreement”.

The receipt also acts as an agreement between payer and receiver of the holding deposit and outlines the reasons why the holding deposit may be retained.

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Updates

## Current Version

06/19 – changed “prospective landlord details” at the top to “details of the person receiving holding deposit” and added a checkbox to select if landlord or agent.

## Previous Versions

05/19 – first added

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