OpenRent have taken a deposit from my tenant and set up the AST.
I am selling the flat with the tenant in Situ
How do I transfer the deposit to new owner
How do i transfer the AST to new owner or must a new one be signed?
@mod_harry may be able to help.or ask OR customer service - contact us button at bottom of Help centre pa
Old LL should notify tenants and you have to after sale inc all the essential info such as address they can contact you etc ) but a tenancy doesnt end just because you have sold the property
If you wanted to claim anything from the deposit, you’d need to end the tenancy and do that and have new LL start a new tenancy
If tenancy rental period spans the completion date for the sale your solicitors will need to work out how to apportion the rent for that month [obviously the new LL gets part]
Advice from Shelter below
Good luck
“Notification of the new landlord’s details
A tenant has the right to know the name and address of their landlord.[2]
A landlord who sells their property should inform the tenants about the sale and give the details of the new landlord.
The new landlord must inform the tenant of their name and address no later than two months after they have bought the property. If rent is not payable during that period, the landlord must inform the tenant of their name and address no later than the next date that rent is due.
There is no specified prescribed form for the notice of assignment, but the notice must be in writing and provide:
-
the date of sale
-
the new landlord’s name and address
“
The buyer steps into the shoes of the old landlord on completion of the sale. It is up to them to serve the tenant with the relevant s3/s48 notice.
There is nonprkblem with you giving information to your tenant about what’s happening.