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  • Deposit Protection

    Late deposit protection

    Good evening

    A friend has become an accidental LL and has just the one property.  He let out his BTL via an agent, who we'll call agent A.  After 10 months of renting he changed agents, to agent B.  It turns out that agent A didn't show proof of the deposit being secured in the appropriate manner to the tenants, however, agent B has now dealt with it into the dps.  He's now concerned whether the tenant might be able use this situation in the future.  Nothing has mentioned by either parties, it's just a bit of a worry for him.

    Any thoughts would be appreciated.

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    What is done, is done. Your friend will probably check this next time with the next tenant.

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