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deposit question


laverda

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Hi i have a tenants on housing benifit from around 9 months ago deposit is held by my self as it was paid before deposit schemes started .Tenancy was ast and has now lapsed over to a periodic tenancy. Question is tenants have now seperated one tenant has left one wishes to stay can i continue with exsisting tenancy agreement with only one of exsisting tenants or can I amend original agreement or do I need to make new agreement with remaining tenant and do i need to put deposit in a scheme. I would like to avoid doing this if possible bear in mind tenant is on Housing benifit and they have been informed of the situation. what do I do with Deposit ???

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If you write new AST then you will have to protect deposit ...period !

Personally i would do new ast and protect dep (£30 ins and keep it ) just to "Lock in a further 6/12 months ...

But if T happy to leave ast as is ..then if default occurs then theoretically you have 2 parties to chase instead on 1 as other party is still on ast ...........................!?????

Simon

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