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Quick deposit question
Pumpkin_Pie_5
Posts: 180 Forumite
Hi all
Our landlord is currently wanting us to sign a new contract (we don't want to, preferring to stay as we are on a rolling contract for the last year and a half). He has told us that a "legal friend" of his has told him that because we paid our deposit more than a year before the new law came in, he doesn't have to put the money in a tenancy deposit scheme, even though we would be signing a new contract.
I thought that if we signed a new contract, the deposit had to be protected - Can anyone just confirm one way or the other please?
Hopefully the point is moot as we are putting our offer in on a house on thursday, but it would be nice to be sure.
ta muchly
Pumpkin xxx
Our landlord is currently wanting us to sign a new contract (we don't want to, preferring to stay as we are on a rolling contract for the last year and a half). He has told us that a "legal friend" of his has told him that because we paid our deposit more than a year before the new law came in, he doesn't have to put the money in a tenancy deposit scheme, even though we would be signing a new contract.
I thought that if we signed a new contract, the deposit had to be protected - Can anyone just confirm one way or the other please?
Hopefully the point is moot as we are putting our offer in on a house on thursday, but it would be nice to be sure.
ta muchly
Pumpkin xxx
Tiff Appreciation Society Member #5
0
Comments
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what he says is rubbish - every new tenancy agreement (whether it is a new one, or a renewal,) since April last year means a LL has to deposit the deposit with a Scheme0
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Apart from the deposit query if you are on a rolling contract can you be changed to another fixed term tenancy if you don't want to?Loretta0
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No. If you don't sign one then you are simply not on one.
Tell your LL that if he puts you on a (ficticious) new tenancy that you can take him to the County Court where he WILL be made to either register your deposit or give it back to you in full. You can take it further than that and he can be made to repay you three times your deposit as compensation.
Something really needs to be done to regulate idiots like your LL.Everything that is supposed to be in heaven is already here on earth.
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