Let Only - Deposits
Tenancy Deposits

0 Thanks
36 Posts
11 years ago
I have recently Let my property with Greens Estate agents - this was on the 3rd may
The agent has collected the deposit from the tenant for me to secure with the DPS - i have not as yet received the deposit from Greens - I have rang a few times to be told as soon as funds clear - they will forward the deposit.
My Question - I have 30 days to secure the deposit - Greens say this is after they transfer the deposit to me - I thought it was 30 days after signing the contract and paying the deposit to the agent ( would like to be wrong ) .
I have called the DPS - they made it as clear as mud - she thinks it is the Landlords responsibly, but unable to give clear advice - she said I should seek legal advice - saying clear of this just yet as just been stung with a £300 bill to sign a statuary declaration to get a £650 deposit back
Anyone have any advice please :o)

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.