Hello. My sister is a landlady and is thinking of changing the level of rent for the tenant. She is no longer connected with an estate agent as she got rid of them a while ago. However, the estate agents still hold the tenants deposit scheme. My question is that if she changes the rent does that have (as i suspect) a bearing on the amount paid originally by the tenants? In other words if the rent was reduced would the estate agents needs to know this and would the tenant be in line for a rebate on the scheme currently at 5 weeks of the rent paid.
Thank you for your help.