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Protected Deposits
Comments
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Perfectly true.
Mrs G and I just got judgement against our old LL BTW*. It's taken a year so far and I still don't have my money. She hasn't a leg to stand on (no inventory and trying to charge £1k for leaving a bag of garden rubbish in the sitting room by mistake) but I'm still out of pocket.
Hopefully with this new scheme I'd have my cash in a fortnight.
*I think so anyway, I've not done this before.
Congratulations to you & Mrs G. :T :T"Mrs. Pench, you've won the car contest, would you like a triumph spitfire or 3000 in cash?" He smiled.
Mrs. Pench took the money. "What will you do with it all? Not that it's any of my business," he giggled.
"I think I'll become an alcoholic," said Betty.0 -
Guy_Montag wrote: »Congratulations to you & Mrs G. :T :T
Cheers Guy. Now we've got another one to do about a £250 bill for 'a stain on the bed head and a dirty mark on the floor' (both missed by the inventory clerk strangely).
Taking people to court is very boring. Gotta do it though.0 -
14 days till you get 3x compensation...
I shall be marking off the days with eager anticipation when I move!0 -
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Not sure what you're saying here.Not sure whether it changes anything for most landlords and tenants. If there is an issue which can't be settled by a little give and take or negotiation, then a third party will make the decision. Doesn't matter if it is in a county court enviroment or some other simulated court. I would imagine that the proof and the process of convincing the third party will essentially be the same.
Landlords have been quite happy to concoct ridiculous charges to keep hold of deposits.
The game is up.
The Law is the Law.
peter9990 -
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Not sure what you're saying here.
Landlords have been quite happy to concoct ridiculous charges to keep hold of deposits.
The game is up.
The Law is the Law.
peter999
I appreciate your comments, but what was said is that the only thing that has changed is who holds the deposit. The law hasn't changed on who has the right to keep the deposit permanently. If there is a dispute, then the same proof by either party will be necessary to determine the final ownership. That proof will be judged on by a third party just like in a court.
The difference is that a bad Landlord will be unable to spend it before that decision is made and if the verdict goes against him, have to pay it back.
MOST landlords and tenants have a very good relationship. You see a lot more tenants on this site with problems because of the nature of Martin's Money Tips Forums. It is geared primarily to people who, unfortunately, have financial difficulties and, therefore, you find more people who rent rather then own property for letting. If you go to the Landlordzone, you find that there is more Landlords having problem tenants than vice versa.FREEDOM IS NOT FREE0 -
We're landlords of privately owned estate properties and it makes no odds to us as we are honest and upfront about our expectations and never have a problem if we do have to make a deduction from a deposit.
I think it is a good think for the tenant.0 -
...the only thing that has changed is who holds the deposit.
There's the rub. Taking people to court is expensive and time consuming and LLs rarely give up the full deopsit without a fight in my experience (which may not be typical, I accept).
The difference is, if an independent 3rd party holds the cash, the default option is deposit is returned, not kept. If the LL wants some of it held back (s)he has to justify it, not just take it.0 -
Things HAVE changed big time.If there is a dispute, then the same proof by either party will be necessary to determine the final ownership. That proof will be judged on by a third party just like in a court.
The difference is that a bad Landlord will be unable to spend it before that decision is made and if the verdict goes against him, have to pay it back.
The 3rd party adjudication will not tolerate false & concotted deductions by landlords, they haven't got the time.
The landlord will now have to prove what deductions are for & amounts, which many tried to avoid before.
peter9990
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