Deposit - Lodgers

6 Thanks
52 Posts
11 years ago
We have bought a house and one of our children are living in it while at university. We have allowed them to rent the other 2 bedrooms in the house to students/friends, though we are the landlords. the other two students will have a lodgers agreement, as it is 'owner occupied'. They will be asked to pay 2 weeks rent, up front, as a deposit.

In view of the new rules re deposits, as they are lodging in the house rather than renting it as a whole on an AST, do I have to protect their deposits?

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