TDS - true that lamndlords with an income of over 25k don't have to register?
The landlord has a block of flats which he owns and it looks obvious that his income is more than 25K - we have no contract as my friend never signed a valid one. We don't know if he uses ASTs or not.
Can this "landlord" get away with this if we end up in court? If so why is it smaller property owners that are having to do this - and as I know (to my peril) get stung quite alot by tenants - and bigger ones can get away with just keeping the deposit in a separate account?
Any feedback greatly appreciated - not read anything similar on this website.
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