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Where do we stand? (getting our bond back)
Pepstar_2
Posts: 16 Forumite
Hi
We've just had a call from our landlord to say that she hasn't been given any rent for the past 3 months from the estate agent she uses (although this has gone from our account) and that she thinks that it is likely that the estate agents our going to declare insolvency.
The kicker is that they hold our £1200 bond and we are due to vacate the flat in the first week of November as we have just completed on our first home. As such, we really need as much of that bond as we can get and our place isn't in any worse condition that when we first moved in.
So my question is where do we stand with getting our bond back? If the estate agent goes insolvent, is the landlord responsible for our bond?
We've just had a call from our landlord to say that she hasn't been given any rent for the past 3 months from the estate agent she uses (although this has gone from our account) and that she thinks that it is likely that the estate agents our going to declare insolvency.
The kicker is that they hold our £1200 bond and we are due to vacate the flat in the first week of November as we have just completed on our first home. As such, we really need as much of that bond as we can get and our place isn't in any worse condition that when we first moved in.
So my question is where do we stand with getting our bond back? If the estate agent goes insolvent, is the landlord responsible for our bond?
0
Comments
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It appears that you are entitled to the deposit back, but may need to fight for it.
See lower down this thread.
http://forums.gumtree.com/about57140.html&highlight=Tenants of the estate agent that has absconded can seek the return of their stolen deposit from the owners of the property. Owners are unlikely to appreciate that they are obliged to repay the deposits back to the affected tenants, probably assuming that like themselves with the missing rent, the tenants had to write off the return of deposit.0 -
The risks of being a private landlord but getting someone else to do all the work for you.Bankruptcy isn't the worst that can happen to you. The worst that can happen is your forced to live the rest of your life in abject poverty trying to repay the debts.0
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