Can I use my tenancy deposit to pay my final month's rent?
No. Your tenancy deposit is not intended to replace your final rent payment. Please continue paying rent in line with your tenancy agreement until the tenancy ends.
The deposit is held separately to cover obligations that may still need to be settled after you leave, such as damage beyond fair wear & tear, missing items or outstanding permitted charges.
Why the deposit stays separate
- We need to complete the move-out inspection & check the inventory.
- Final bills may still need to be confirmed.
- Any legitimate deductions must be assessed fairly.
- The remaining deposit is then returned through the appropriate process.
Using the deposit instead of paying your last rent could create rent arrears. That may affect references or lead to lawful deductions & further action if the debt exceeds the deposit.
If you are having difficulty paying your final month’s rent, contact us before the due date. We can discuss the situation rather than leaving the payment unresolved.
The exact deposit return process differs between England & Dublin.