Deposit not paid to new owner
Hi All, we purchased a property three months ago with a tenant in situ. We were advised before completion that the landlord would transfer the deposit to us upon completion. Three months down the line and, despite several assurances from their solicitor (the most recent being that we would receive it no later than the 23rd) we still havenít received anything.
Has anybody experienced this before? Iím not really sure what I should be doing- in theory this money belongs to my tenant not me So is it up to me to chase?! On the other hand at this point I have a tenant who hasnít paid me a deposit. Any ideas?
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