Want to move out-will I lose deposit?

LegacyUser

I really want to move out of the apartment I'm renting for somewhere cheaper and/or a bigger room. But I'm signed into a year lease. If I hand in my notice the agency will probably want me to find someone to rent the room (assuming they don't kick up a fuss about me leaving) but its a little box and way too expensive (which is why I'm leaving obviously)- no one is going to want to rent it. What can I do? I really can't afford to lose the deposit, but at the same time need to find somewhere new. advice would be appreciated.

ash_18x

i have always just given a months notice in writing when terminating leases before. contact threshold to see where you stand though, their link is below.
good luck!
http://www.threshold.ie/page.asp?menu=74&page=256

jessbeth

Unhappy_renter wrote: »

I really want to move out of the apartment I'm renting for somewhere cheaper and/or a bigger room. But I'm signed into a year lease. If I hand in my notice the agency will probably want me to find someone to rent the room (assuming they don't kick up a fuss about me leaving) but its a little box and way too expensive (which is why I'm leaving obviously)- no one is going to want to rent it. What can I do? I really can't afford to lose the deposit, but at the same time need to find somewhere new. advice would be appreciated.

Why don't you just ask the agency what they do in a situation like this. There is no punishment for just asking and then you will know. Usually they are entitled to keep the deposit if you break your lease for no reason other then you're not happy with the choice you made. That's usually in the contract that you would have signed with them. I find though if you chat with them they might be willing to compromise, for example if you give them a months notice and make sure the place is spotless they may give you some of it back.

AARRRGH

jessbeth wrote: »

Why don't you just ask the agency what they do in a situation like this. There is no punishment for just asking and then you will know.

Good advice. A quick phone call will sort this out.

tba

also the longer you leave it the more you are paying

say you get a place for €50 cheaper a month

in ten months you will have saved €500

which will cost you more, the deposit or the rent?

LegacyUser

Thanks for the replies guys. I tried threshold but never got a reply, will try again though.
I know that they will want me to try and sublet it, but I'm fairly sure that won't be possible.
I agree last poster, and that's something I am keeping in mind, but still would like to save as much cash as possible, can't allow 400 quid to slip through my hands like that. What are legitimate reasons for breaking a lease? The main issues are size and cost, but I'm also unhappy with the service they provided and aspects of the apartment(electricity issue), but they might say its a small thing and not good enough?

Victor

If you have a fixed lease, you essentially need to either having a willing landlord, someone to replace you, a problem with the property or you face the landlord chasing you for the rest of the rent (less any rent he might get from a replacement).

Unregistered wrote: »

What are legitimate reasons for breaking a lease? The main issues are size and cost, but I'm also unhappy with the service they provided and aspects of the apartment(electricity issue), but they might say its a small thing and not good enough?

The apartment would have to be unsuitable for living in, e.g. damp or lack of heating during the winter or a fire hazard.