Getting Bond back.

[ozzywizard]

Ok went to visit my Mother yesterday and was shocked to find out the rented property she moved out of over a year ago she has not yet received the 300 deposit back off. Any advise is welcome as she has phoned up loads and been advised she needs to wait for a letter. One letter she did receive 12 months ago dated May 2006 is as follows. Any advise appreciated and it would be great if someone could help in composing a letter of response.

SPS owned Apricot lettings up until October 2005. Then Apricot Lettings were taken over by Castle estates. Unfortunatley shortly after this time SPS went into receivership. The NatWest bank account in which your 300 deposit are being held have been frozen by the bank. Castle Estates are currently negotiating with the receivers on behalf of our tenants and Landlords to have these deposit monies released .
As a result no funds can be accessed by us at this time .

[Joa]

How about another letter to Castle Estates to find out if they were able to secure any funds?
However, your mum will only receive her deposit back if there is enough money at the end of the administration or receivership to pay all the secured creditors, and there is some left for unsecured creditors, then she may receive all or a proportion of the deposit.

The Individual Insolvency Register contains records of bankruptcy orders, bankruptcy restrictions orders (BROs), bankruptcy restrictions undertakings (BRUs) and individual voluntary arrangements (IVAs). Anyone can search the Register, either online in the 'Bankruptcy' section of the Insolvency Service website at The Insolvency Service Website, or by visiting the local Official Receiver's Office, details of which can be found in the 'About us' section of the Insolvency Service website at The Insolvency Service Website or by calling the Insolvency Service Insolvency Enquiry Line on 020 7291 6895. There is no charge to search the Register.
Also, Trading standards, local accountants and solicitors, or trade associations may be able to tell you who the administrator or receiver is in a particular case.


You need to decide if this is worth a hassle. £300 is not peanuts, but the chances of getting it back are frankly slight...

[ozzywizard]

Thanks Joa for your advise and honesty, is it possible you or somone could help with a letter to them as it is kinda over my head. I will not pursue it too far but a letter asking if it is being dealt with would be appreciated.

[Joa]

ozzy, I think you underestimate yourself a little bit
how about you compose a short, informal note and post it here so we can have a look and offer any comments.

[ozzywizard]

Hey just an update on this, got all the money back. It was quite a while ago now but I did get a letter together and sent it off and a few weeks later received cheque.

[Joa]

Well done that man, wahey!!!