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Deposits in HMO properties

Posted: Wed Jul 01, 2020 11:41 am
by lindarelia
Hi, I'm really struggling with the individual deposits received and returned in our HMO houses where tenants can leave before the end of the AST and new tenants come in paying their relevant deposit. Surely this must be a common issue for landlords with HMO properties with joint ASTs. Having to end an tenancy and set up a new one everytime a room changes hands is time consuming and irritating!! eg In a 5 room HMO I have 3 tenant change-overs within 3 months! :( :(