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

One tenant in and one tenant out
Tenancy Deposits

CJ
CJ
3 Thanks
116 Posts
3 years ago
0
Hi,

I have a property with two tenants on joint AST. One tenant wants to move out and the other tenant wants to stay and move his girlfriend in.

They have a joint deposit registered with a letting agent. Tenant who is moving out has admitted some small damage to a mirror so there will need to be a deposit deduction for that.

What is the best way to do this? Return deposit minus deductions and reprotect or deduct and get them to pay the deposit between each other and then change the names?

I'm happy with referencing the lady who wants to move in, it's just the deposit causing some problems.

Thanks

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?