Old Deposit?
I was wondering where I stand on this. I have a long standing tenant who’s tenancy agreement started in October 2004 and was originally for 6 months and than after just reverted to periodic tenancy at the end of the 6 months.
I have never protected the deposit.
What sort of issues could this cause me if any.
There is no issues with the tenant they are as good as gold, pay on time and I hardly hear from them but I am reading conflicting issues on the net about old tenancies and I wondering is this going to cause me a problem legally.
Many thanks
Steve
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Member Since July 2013 - Comments: 1264 - Articles: 1
12:38 PM, 14th May 2016, About 10 years ago
Reply to the comment left by “Romain Garcin” at “14/05/2016 – 12:08“:
Please read the link I left above, to issue the S21 the deposit has to be returned as a minimum which would not be the case if it is protected. In which case I agree there is no point in protecting it unless the landlord wants it back or to make a deduction. The tenant under notice is not going to return it for protection, are they?
Member Since August 2013 - Comments: 883
12:57 PM, 14th May 2016, About 10 years ago
Reply to the comment left by “Puzzler ” at “14/05/2016 – 12:38“:
This isn’t the case: The deposit has to be returned OR protected (for tenancies which started before April 2007).
Member Since July 2013 - Comments: 1264 - Articles: 1
1:05 PM, 14th May 2016, About 10 years ago
Please stop repeating the same thing, read the link.
Member Since July 2013 - Comments: 1434
4:36 PM, 14th May 2016, About 10 years ago
Reply to the comment left by “Puzzler ” at “14/05/2016 – 13:05“:
The discussion in the link is incomplete, as it does not discuss tenancies that became periodic before the Tenancy Deposit legislation came into effect.
If you read the Deregulation Act 2015 you will see that Romain is correct.