15:08 PM, 15th February 2023, About 8 months ago 14
Yet another reason to sell up. My deposits have just ruled that unless a landlord has a court order they cannot be awarded money from a deposit to pay towards legal costs!
My Deposits has awarded in favour of my ex-tenants by giving their money back even though they withheld rent twice over 2 years, were in arrears and I had to get legal advice and help to get them to pay and eventually evict them.
I had claimed these costs from their deposit but was not allowed to keep the money.
I am bringing the ruling from MyDeposits to the attention of fellow landlords as a warning.
I have since sold the property and plan on selling more as the tenancies expire.