Brief History : We have been renting for 5 and a half years, our original landlord went bust and since then the development we are on has been sold off to various parties, who in various guises seem to be divisions of multi national banks. For the last 2 years we have been dealing with a multinational agent Arim. ( Who I have posted about on here previously )
Problem : We don’t have a fixed contract and have not been able to obtain one, we have a rolling month by month contract, this has been the case for the last 3 years. In Oct 2014 we was served with a section 21 out of the blue, which was somewhat of a shock and was given 6 weeks to leave the house…we was devestated that the landlord / Arim showed us little regard and considering we have been renting the same house for several years, it would of been a struggle to find a house and move within 6 weeks as we have children in local schools and work commitments etc.
Out of the blue they dropped the section 21 and we received a letter stating that the ‘ house had been sold again to another faceless landlord’ we could continue to rent on a month by month basis.
In Feb 2015, I was verbally asked if we would move our despoit from our original DPS to another scheme ( TDS ) I refused to commit myself and asked for this request in writing, which I didn’t receive.
The agent has been in touch again and is now pressurising me to move the desposit.
Am I right in thinking ??? That the original section 21 may of been served incorrectly ?
If the desposit was lodged with our ( original landlord ) on a fixed term basis a section 21 can only be valid with that landlord. And since the property has changed hands several times, the previous landlords section 21 was not valid, because they didn’t originally lodge the deposit ?
If I agree to move the deposit to a new scheme on the landlord / agents request, the new landlord / agent could issue us with a new section 21 because the deposit has been moved ?? ….as the deposit would now be linked with the new landlord and as a resullt and we could be handed a new section 21 and asked to move again at short notice because we don’t have a contract ?
What rights do we have and what happens if I don’t agree to comply with their request ?
Any advice would be really helpful as the agent is very instistant that it’s for our benefit and keeps chasing me for an answer which I am reluctant to give without proper advice.