LOI signed.. tricky... owners might think tenants playing punk and withgold yr deposit..
Only think u can do is perhaps to show owners that you are sincere and show proof of leabing country etc.. else tough.. prepare to lost some / part of deposit for their loss of income etc.. All depends or at mercy of owner..
Gd luck.. The knife can cut in both ways.. Imagine if u sign LOI and owner want you to get out ? So at mercy of owner now
First, never ever sign an LOI unless it clearly states the deposit is unconditionally refundable in the event the TA is not signed by the agreed date. So, always read it and if its not completely clear then change or add clauses as needed and don't take no for answer.
Second, generally post date cheques so they can more easily be stopped. I have stopped a cheque in the past, the onwer and agent screamed and cried which was very amusing, but there ws nothing they could do about it.
Third, always obtain the ID and name and address of the landlord and agent. They need to be easily traceable to make legal action agsinst them easier. Again, dom't take no for an answer...no ID, no address, etc then don't proceed.
If the deposit is refundable then prepare to go to the small claims court, this is easy to do and will generally scare the landlotd into paying the money back. I would prepare this step now and execute as soon as the time period on the LOI is up, irrespective of the promises and smiles etc etc of the agent and/or landlord.
