Lodgers and deposits

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    Lodgers and deposits

    Hi all,

    Another question for you. Hopefully a little more straightforward.

    Is there any requirement to place a deposit from a lodger in a scheme? I assume not, esp as if there is no AST?

    Many thanks.

    #2
    Originally posted by vss2000 View Post
    Hi all,

    Another question for you. Hopefully a little more straightforward.

    Is there any requirement to place a deposit from a lodger in a scheme? I assume not, esp as if there is no AST?

    Many thanks.
    No. Deposit requirements arise only under Housing Act 2004; and that applies only to ASTs. If the letting is anything else, the requirements do not apply- and depositee companies will almost certainly not accept voluntary depositing.
    JEFFREY SHAW, solicitor [and Topic Expert], Nether Edge Law*
    1. Public advice is believed accurate, but I accept no legal responsibility except to direct-paying private clients.
    2. Telephone advice: see http://www.landlordzone.co.uk/forums/showthread.php?t=34638.
    3. For paid advice about conveyancing/leaseholds/L&T, contact me* and become a private client.
    4. *- Contact info: click on my name (blue-highlight link).

    Comment


      #3
      Excellent.

      Thanks.

      Comment

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