Landlords beware

Landlords beware

15:32 28 February in News, Residential Landlords, Walker Foster

From 6 April those who have not served notice within thirty days will not be able to rely on a S21 notice (notice requiring possession) at all and will be exposed to a claim from the tenant for up to three times the deposit amount. There is no defence and the claim can be brought at any time within a six year limitation period. The new regulations could cause significant loss particularly to ‘amateur’ landlords.

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