Granted a a gap year but reapply via UCAS

I have a complicated question. Suppose I managed to secure a 1 year deferred entry to LSE and paid up the required deposit to LSE to hold the place for me, can I still apply to other university during that 1 year? Meaning, if I change my plan and want to apply to another university, besides losing the deposit with LSE, is there any legal obligation? Will I be able to apply to another university via UCAS in the first place after having already secured a place with LSE for deferred entry? Pls help!

Unless LSE have a very strange system that I've never heard of before (unlikely), then there is no deposit required to hold a place for you.

However, you can't hold a place from one university and then send in a whole new UCAS application in the following cycle without first rejecting your place at LSE.

It sounds like you haven't actually applied for any unis yet, so I would suggest that you simply send in your five applications as normal (deferred if you want a gap year, not deferred if you don't), see where you get places and then pick from that selection.

Dear Origami Bullets
Thanks much for yr helpful reply.
Yes, I chance upon this site that read LSE has a deposit reqt for defer entry. I am not sure if this is correct though..

http://www.lse.ac.uk/study/graduate/applicant/howDoI/deferralForm/deferralForm.aspx

As I'm totally inexperience with uni application (I will only start applying end of this year), Pls help me with these questions:
1. so, Is it most UK universities do not normally need a deposit to hold a place?
2. If I need a defer entry and want to apply end of this year 2014 for 2016 entry, Do i put in UCAS stating right from the application stage to the university that I want a defer entry? Is that the normal procedure? or I should get an offer from the university first and then write in to request for deferment? which way is more favorable for me? which way is more correct?
Thank you & sorry for asking so many qns.

Thank you Origami Bullets,
you r so helpful ! Do u know much about oxford PPE application? I am considering applying for it.

Ok thanks so much, i found the Oxford thread and will post my questions there. Thanks for your help on UCAS, i will write to you again should I need further help. U r great!