Join the Residential Landlords Association

Member Forums - Report Post

If you wish for the RLA to contact you regarding this report please remember to provide contact details.

Please Note: - This facility is for reporting of abuse or other breaches of the forum rules. Please do not use this facility to reply to the post as your response will not appear here - to reply please use the quote option.
  1. Please do not post RLA enquiries in these forums. Any enquiries should be sent to info@rla.org.uk.
  2. Please note that the initial message in any forum conversation on this website is viewable by the public.
  3. For security reasons, please do not include your membership number within the title or body of your forum post.
  4. You must not include any personal details relating to your tenants, such as their names and addresses, in your postings.
  5. You must not use the forums to advertise your service or business. Please use the RLA's suppliers guide for all advertising purposes.
  6. Any content deemed as advertising, inappropriate or does not meet the RLA's code of conduct will be removed from the forums.
  7. The RLA cannot be held responsible for any posts made in these forums by non-RLA staff
Report a post:
PKey said: Posted on: 02/06/2019 12:57

Hi,

I protected tenant's deposit at the beginning of the tenancy within a few days of receiving the deposit which was a few days before the start of the tenancy. Many years later, I increased the deposit by about 5% in line with the increase in rent, but tenant paid the balance of the deposit 2 weeks after the new contract date. I then protected the new deposit (x + 5%) figure within 30 days of the receipt of the balance (5%).

What is the law on protecting the deposit. Does the deposit have to be protected:

  • 1- 30 days after the deposit was received from the tenant?

or
  • 2- 30 days after the contract started?

Thank you

Landlord & Investment Show London Olympia 2019
Residently
99 Homes
John Pye Auctions