Abide.Rent
Holding deposits

Holding deposits inside the rules.

One week’s rent at most, the deadline for agreement, and the 7-day rules worked out for you.

  • One per home at a time
  • Repay or keep, with reasons
  • Tenant Fees Act dates
House keys held out at an open door
Holding depositsNorthgate Residential
9 Stanley Close£230 · one week’s rent max £230HeldAgree by 30 OctDay 6 of 15
2 Parkhills Close£190 · tenancy signedCreditedPut towards first rentWithin 7 days
16 Croft Lane£240 · applicant withdrewRepayReason recordedDue in 7 days
Example account. Figures are illustrative.
How it works in detail

Not legal advice. The rules are those of the Tenant Fees Act 2019, Schedules 1 and 2.

  • No more than one week’s rent, and only one holding deposit per home at a time.
  • The deadline for agreement, and what happens when it passes.
  • Applied to the rent or the deposit, repaid, or kept for a permitted reason.
  • Kept only if written reasons were given within 7 days; otherwise it is flagged for repayment.
Abide.Rent is at work

Peace of mind for less than a coffee.

Under £2 a property a month: 10 properties paid yearly work out at £1.61 each. Every certificate, notice and deadline is watched for you.

Related features

Run your own properties on it for a month, free

One-month free trial, no card needed. Then £8.99 a month including 3 properties, or stay on Solo, free for 1 property. Tenants never pay.

Start your free trial