Vacation property wants damage deposit a month before and a month after...?
January 16, 2012 2:28 AM Subscribe
I am taking a short (weekend) let on a holiday property just outside of London, UK. It's a big house with lots of bedrooms that is used for weddings, hen parties and corporate team-building as well as for family holidays. In addition to 100% payment in full in advance (which I expected), the people letting the property are demanding £1l as a damage deposit one month before I arrive at the property. Their T&Cs state that they will give this back to me one month after I leave the property.
posted by skylar to law & government (16 answers total)
Taking a damage deposit a month in advance and not giving it back until a month after seems onerous to me, and it puts me in a vulnerable position. It doesn't help that I know someone else who let the property and he said he had to chase them to get his deposit back. What if damage occurs after my stay? What if the company goes out of business after my stay?
I have offered numerous compromises such as putting the money into escrow, having them pre-auth the money on a credit card, or giving them the money in cash on the day of rental for them to return to me the day I leave. They refuse to accept these compromises, which I find weird as no other short lets company I have ever used (and I've used several) has demanded these terms.
Is this legit? Is there anything in the short-lets world that is akin to the deposit protection scheme used for private tenants?
Can you think of any other angles that might give me a bit of protection?