Deposit protected and confirmed in writing but no prescribed information?
I am landlord with a case on deposit. The tenancy started april 2008. I protected the tenancy and I also informed the tenant about it by writing in a letter below and then enclosed the DPS confirmation. I now notice there is a format that is set on the deposit prescribed information. In addition the tenant denies I ever informed him about it.
Letter sent:
I am enclosing the deposit details (money paid on your behalf to me as your deposit) just for your information. I have permission from the council to deduct for any damages you may cause to the property during your tenancy.
Any balance or if no damages to deduct I should pay it all back to barnet council after your tenancy. Barnet council is recorded as the third party in this case although it is not showing.
I am taking this opportunity to wish you a good stay at …….. I have given you before but no harm in doing it again. My house telephone is ……… in case of any problems. Please forward all my mails to: ……..
My question is where do I stand chance or I am caught up for a heavy penalty?
Many thanks
Al
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Buying a property already tenanted through an agent
Member Since April 2015 - Comments: 2
1:57 PM, 5th May 2015, About 11 years ago
Reply to the comment left by “George Crofts LLB (Hons)” at “05/05/2015 – 05:06“:
Thank you George.
I am not professional LL but i rented the flat after upgrading and i was and still am unable to sell as the building under CP. Shame as i had researched high and low about it but i did’t get it right this time.
Member Since July 2013 - Comments: 1434
4:27 PM, 5th May 2015, About 11 years ago
Reply to the comment left by “Alll Iska” at “05/05/2015 – 13:57“:
That’s why those letting not as a business need to find a good agent before diving in.
Member Since June 2013 - Comments: 1121
5:50 PM, 5th May 2015, About 11 years ago
Michael I let through agents until I learned that as time went on I knew more than they did through experience and Property 118. And ditched them. Saving myself literally thousands a year. So I agree with you use an agent to start with or carry on using them if its more convenient. But Deposit Protection unless you take the time to learn it properly can be a nightmare.