I am almost about to sign a year's worth of tenancy agreement for a house in London. There is 4 weeks rent worth of Deposit and 8 weeks rent worth of Repayment to be paid in the beginning of the tenancy. I read a little bit on Repayment order, understanding the the bare minimum of it - it seems like it is there in case a dispute is needed towards unlawful eviction and/or unlicensed multi-tenancy - not seeming like it applies to my situation.

Can someone kindly help with an explanation or personal experience?

Thank you.

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  • 5
    We're going to need to see the relevant text of the agreement. Assured Shorthold Tenancies almost always have a Deposit provision (with suitable protection, which these days is mandatory), typically equal to 1-2 months rent; but I've never seen anything called 'Repayment'. – AakashM Jun 28 '17 at 8:09
  • Wonder if it is a reaction to the Queen's Speech suggesting a deposit cap of 1 month (although by the sound of it the "Repayment" would not be legal if it went ahead)? – nsandersen Jun 28 '17 at 10:33
  • 3
    Are you sure it's not "Prepayment" with some rent being due upfront in advance? – Vicky Jun 28 '17 at 11:49
  • I am assuming it is the money which will be paid back to you unless you breach any of your tenancy conditions. – DumbCoder Jun 28 '17 at 15:01
  • 3
    @nsandersen yes, without seeing anything else it sounds like a sneaky attempt to get round deposit protection rules... – AakashM Jun 29 '17 at 8:45

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