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Landlord has spent deposit


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Hi,

 

When I moved in, paid a deposit and rent in advance to my L/L. L/L has defaulted on mortgage payments and the property has now been taken over by the lender several years down the line. They are allowing me to continue renting, but have requested a deposit. Tried contacting former L/L and it seems he has spent the deposit. My questions are as follows:

 

1. Am I obliged to provide a new deposit?

2. How can I get my deposit back from original L/L?

 

Any advice would be much appreciated.

 

Thanks.

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My sugggestion would be to write to the mortgage company, maybe enclosing a photocopy of the deposit page of your first tenancy, and stating the you have paid a deposit and it is held by the landlord.

 

Ask that they write to him/her for it to be transferred. Also state that if the landlord holds it as stakeholder, then this letter is written authority for the landlord to release it to them.

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