Resident Landlord and taking a deposit

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    Resident Landlord and taking a deposit

    Hello all,

    Hopefully this will be a quick one.

    I am taking in a lodger who will be given a rent book and a Resident Landlord agreement (supplied by a Landlords Association) to sign. The lodger will have his own room and the rest of the property will be shared.

    The agreement states that rent is payable 1 week in advance (payable weekly) and a security deposit of 4 weeks will taken on signature of the agreement.

    Can my learned friends on here confirm that the deposit does NOT have to be protected.

    Many thanks
    Madasafish

    #2
    If you live in the same property as the lodger, then it cannot be an assured shorthold tenancy, and deposit protection does not apply.

    Here's a link to a very useful website for lodger landlords:
    http://www.lodgerlandlord.co.uk/

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      #3
      Originally posted by madasafish View Post
      The lodger will have his own room and the rest of the property will be shared.
      Don't give the lodger exclusive possession of the room (nothing to do with deposit protection). See
      http://www.lodgerlandlord.co.uk/2010...ger-a-tenancy/

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        #4
        Thank-you Westminster.
        You valuable time and your clear advice on this forum is exceptional in my book.

        Thank-you again.
        Madasafish

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          #5
          You're welcome, and thank you for your kind words.

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