Deposit not protected and solicitor demanding six times deposit repayment?Make Text Bigger
A tenancy started 7th September 2018, becoming a periodic tenancy on 7th March 2019. I did not protect the deposit until 14th October 2019, and understand I am liable for a fine. I’ve done wrong, I accept that, so no need to lambaste me over it.
The couple separated and the deposit was returned to her and an agreement reached with her that I would pay an amount equal to one months rent as a penalty. That was done in January 2020.
His solicitor is now demanding the deposit is returned (which it has already been) plus 3 times the deposit for not protecting it within the initial 6 month period, and a further 3 times for not protecting this when it became a periodic tenancy. They are asking for six times the deposit, plus their fees.
My understanding is the maximum I can be fined would have been three times by a court, not six. I cannot find anywhere, anyone being required to pay more than three times, so feel like their solicitor is trying to con me!
Maybe I’m wrong, so would appreciate any advice.
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