This website uses cookies to ensure you get the best experience on our website, read about our cookie policy.
Accept Cookies
National Residential Landlords Association
Home My Account My Portfolio
Join Us Log In

Am I responsible for the deposit?
Tenancy Deposits

South East London Landlord
South East London Landlord
1 Thanks
49 Posts
15 years ago
0
Hi all,

I purchased a flat in auction with an existing tenant on a 12 month AST. The AST ended in May 2007, and is therefore holding over. He paid his deposit to the previous owner, who has since gone bankrupt (hence the auction sale). Therefore the deposit was never in a scheme. Am I liable to refund the deposit when he vacates the property now that I am the new owner, or will he have to give me a new deposit, and try to get his original deposit from the previous landlord?
Many thanks all.....

Please Login

You must be logged in to participate in our forums, to continue please login below.

Not a member? From only £99 you can join in the discussion and get access to member's only resources and services.

As the home for landlords, the NRLA are here to help you save time, save money, and stay compliant. NRLA membership gives you access to a vast range of expertise, resources, and exclusive member benefits and savings, designed to help and empower members. We also play a pivotal role in campaigning and championing the interests of landlords.

Join Today

Have you forgotten your password?