What are the consequences of not protecting the deposit
Where the landlord does not inform the tenant of the whereabouts of the deposit, the tenant can apply to the local courts. The courts can then order the landlord to either repay the deposit or get it protected.
If the courts wishes are not carried out within 14 days the landlord will be ordered to repay three times the amount of the deposit to the tenant within 10 days.
Futhermore where the deposit has not been protected the landlord can not evict the tenant using a Section 21. Therefore, by not securing the deposit you will not be able to get your house back and face a large fine.
Related Pages (3)
- Private rented housing
Information about private rented housing in North West Leicestershire
- Advice for Private Landlords
Advice and information to assist those who own and manage privately rented accommodation in the District
- Find a privately rented home
A list of privately rented properties where the landlord is willing to consider tenants in receipt of housing benefit.