The amount of a holding deposit can vary, but it is usually equal to one or two weeks' rent.

In most cases, yes. If you decide not to proceed with the tenancy, the holding deposit should be returned to you. However, if you fail the reference checks or provide false information, the landlord may keep the deposit.

The landlord has the responsibility to handle a holding deposit legally and fairly. This includes providing written confirmation of the amount paid, the property details, and the terms of the deposit.

The deposit must be placed in a separate account and refunded within a reasonable timeframe if the tenancy does not proceed.

Deductions from the deposit must be reasonable and transparently explained to the tenant.

Additionally, the landlord should comply with any local regulations regarding the amount and handling of holding deposits.

It is okay to deduct from a holding deposit when the tenant has caused damage to the property beyond normal wear and tear, has breached the terms of the tenancy agreement or owes rent.

Any deductions must be reasonable, and evidence of the damages or unpaid rent should be provided to the tenant.

The landlord must also follow any local regulations regarding the amount and handling of holding deposits.