My understanding is that if a rented property is sold the deposit can be transferred if it is in a custodial scheme (i.e. DPS) but not if the deposit had been placed in an insurance based scheme. If it was in a custodial scheme I guess the 30 day rule would apply. If a landlord/agent knows the property will be sold at some stage then the custodial scheme seems the best bet.
Does anyone know different?
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