Covid-19 Bounce Back loans for property businesses16:06 PM, 5th May 2020
About 4 weeks ago 47
I purchased an HMO in 2011 with about 12 current tenancies, from a variety of agents. These agents held on to the deposits until last year when I decided to self manage and they have thus unprotected all the deposits, paid them over to me, and I have now paid to protect them with My-Deposits.
All well and good. The only problem is one tenant, who got his tenancy through a particular agent. I believe he paid a deposit to this agent when he started the tenancy before I owned the property. The agent has now gone into liquidation, in around 2012 or 2013, and I was not informed and only found out in a roundabout way (through a neighbouring estate agency). There is now no way of contacting anyone to do with this now ex-agency.
I thus believe the tenant’s deposit has been swallowed up by this agent.
Question: When the tenant decides to give notice, will I be liable for his deposit even though I have never received it?
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