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Ash
Ash, Solicitor
Category: Property Law
Satisfied Customers: 10916
Experience:  Solicitor with 5+ years experience
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Please can you confirm if we need to place a deposit

Resolved Question:

Hello,
Please can you confirm if we need to place a deposit from a student want to rent our property. This would be a HMO and not an assured shorthold tenancy.
Many thanks
Submitted: 1 year ago.
Category: Property Law
Expert:  Ash replied 1 year ago.
Hello my name is ***** ***** I will help you.
How long is their agreement for please?
Alex
Customer: replied 1 year ago.
Hello, I have found this information on the government website. I am not offering an AST and it would be for a year.Your landlord must put your deposit in a government-approved tenancy deposit protection scheme if you have an assured shorthold tenancy (AST) that started after 6 April 2007 (in England and Wales).
Expert:  Ash replied 1 year ago.
How long are they renting it for, a year? How many people are staying?
Alex
Customer: replied 1 year ago.
Hello Alex. I have three students wanting to rent, one of them is my daughter. I am not offering an AST and can only find information on placing desposits on a scheme if it is an AST. Please can you advise me.
Expert:  Ash replied 1 year ago.
Do they share facilities?
Alex
Customer: replied 1 year ago.
Own bedrooms, but share kitchen, lounge, bathrrom and garden.
Expert:  Ash replied 1 year ago.
Are they individual agreements or did they all sign one?
Alex
Customer: replied 1 year ago.
Individual tenancies, all unrelated people to each other.
Expert:  Ash replied 1 year ago.
Ok. Then this sounds like a licence. As such you don't need to protect the deposit as its not an AST.
So no you do not need to protect.
Does that help?
Alex
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