Are Deposits Refundable UK?

Whether deposits are refundable or not in the UK depends on the contract between seller and the buyer. However, legally there is no law asking a seller to refund a deposit. When a buyer puts some money to secure an item, that means that he/she is entering a legally binding contract with the seller. If the buyer changes his/her mind because of whatever reasons, the seller doesn’t have to refund the deposit.

Photo Credit:



  1. how to calculate a security deposit refund? –
  2. how to check if the irs direct deposited my refund? –
  3. how to direct deposit a tax refund check? –
  4. how to have tax refunds direct-deposited? –