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Advice please
Comments
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Your situation will be even more crap if you don't protect your tenant's deposit pronto before they discover you should have done it within days of receiving it. Courts have been known to take a very dim view of such actions and have the power to fine you for THREE TIMES the deposit amount. Maybe your tenants have already been on this site and received that information from our posters0
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they already know which is what we are dreading as we know what can happen and so do they and beleive me they are guna sue us i know it coz that's the type of people they are.0
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Well stop prevaricating and put the deposit in a scheme. It's really not hard.....
Then you can relax and start the eviction process.0 -
they could still sue us if we do though is there any point?0
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Even if they do sue you, it will look better if the deposit was protected. Did you read the above point about S21 not being valid if deposit not protected, too.
Either you go through the minor hassle of protecting the deposit now (I'm assuming you have the funds to hand) or you risk much, much more hassle in future.0 -
i have just protected the deposit, it would only let me do it from todays date and not go back to when we did receive it andi cant ring them till monday will this be ok?0
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you cannot back date your deposit... you have broken the law and may now face the consequences of doing so.....
you clearly have no idea whatsoever about what to do
either ... join national landlords association adn get their legal help line advice as to what to do
or
pay a solicitor
either way its gonna cost you -- dont go into a business you dont know anything about
did you get an EPC and a LGSC ??0 -
What? The scheme would not let you backdate? It wouldn't let you have incontrovertible evidence which would stand up in court that you had protected it? What a shock.i have just protected the deposit, it would only let me do it from todays date and not go back to when we did receive it andi cant ring them till monday will this be ok?
... Wait, perhaps the reason it doesn't let you backdate is so that those who do comply do have incontrovertible evidence that they complied...Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0 -
i find amateur landlords so frustrating.. they give the rest of us a bad name.. ......0
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yes they are in place! and i'm sure there is no need to be so rude!!!0
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