Dealing with deposits on sale of property
Tenancy Deposits

wink
wink
1 Thanks
9 Posts
2 years ago
0

I'm in the process of selling an HMO as a going concern with existing tenants. I've protected their deposits in the DPS custodial scheme. What should I do when the sale completes - is there a way to transfer the deposits to the new landlord, or should I return them and leave the new landlord to take new deposits?

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