Changing the deposit set up

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Up4Rental
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I have a property that I took a guarantor on when the tenancy started 6 months ago, so did not insist on a deposit. The tenants have indicated they want to stay on but the guarantor now wants out of the deal. The tenants are happy to pay a security deposit as they are aware that the guarantor will be going. Question is how do I protect this deposit as the tenancy started over 6 months ago, but due to the guarantor situation I am only actually getting the deposit now?
17/02/2012 00:00

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