It’s kind of a gamble but I guess you can make an educated bet based on the market, supply/demand, and the quality of management.If you didn’t do that then I do think they’re due back their deposit.On the positive side, it sounds like you have a nice property in a popular area if it rented that quick..Best of luck! 

Horrible timing for us to decide to really step up the investment game and gambling on REI for me and my wife!

) LOL. and I laid out the risk factors. and I got 50 up votes.. so you can see there is a divide here on BP between as many doors at what ever cost or method you can get them and risk does not matter because Cash flow rentals are the safest thing to buy in the US and appreciation Is gambling etc etc. 

I may have gotten a slightly better deal had I gambled but It’s not worth the risk of not refinancing earlier.

Particularly with a 3-year window, that is just gambling.  

@Jay HinrichsI too am going to gamble a bit spread out but havent jumped in yet .

Hi Everyone, 
With everyone staying home, it is impossible to meetup and share knowledge about deals & markets. So let's bring it online. 
I am new to real estate investing and to Bigger Pockets, and want to mee...

That being said it is not something I would gamble with.

Without knowledge and a workable plan, you are gambling, with little or no chance of success."

The UK is now in a lockdown state, and I do understand it will be hard to reach out to them.Just trying to think ahead about what I can offer to my tenant in a new lease.