Insurance paying security deposit
Tenancy Deposits

Ray D
Ray D
131 Thanks
759 Posts
11 years ago
0
Hi,
We are temporarily re-housing a flood victim while his house is being repaired. The insurance company is paying the rent and the security deposit.

The Insurance company (Rather their nominated accomodation bureau) is insisting that the deposit is registered in their name and must be returned to them at the end. Can this legally be done? Your AST which we use requires any third party who has paid the dpeosit to agree to the Lead tenant (In this cas the only tenant) being responsbile for the deposit.

Any advice would be appreciated.

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.