Deposits from long term tenants.

You are here : Member Forums Tenancy Deposits Deposits from long term tenants.
This topic has been locked as no posts have been made within the last 90 days.
Forum Avatar
HJR
26 Posts
0 Thanks
I have a tenancy that commenced in 2003. It is now a continuing periodic tenancy. I took a deposit of 425 that is not protected. Was I supposed to protect it when the new legislation came in in 2007? Has the position changed with new legislation since that time?

Also following 6/4/2007 I have a tenancy (May 2007) where instead of taking a deposit I took two months rent upfront - (as advised by RLA at that time). I understand that subsequently courts ruled that the extra months rent was indeed a deposit and so should be protected. The tenant understands that he has not paid a deposit but he pays rent a full month in advance (i.e. pays on 1st Sept for the month of October).

Am I in breach of law in either of these cases?
21/08/2014 13:03

Want to read more?

This is a members only forum, if you want to read more you need to login to your membership, if you are not a member, click here to join.

This topic has been locked as no posts have been made within the last 90 days.
Ideal Flatmate
Elfin Kitchens
Landlord Broadband
John Pye Auctions

Share this page