I wonder if someone can help me.
I inherited 2 properties from a family member a couple of years ago and have been letting the houses through a agency and I manage them myself, 1 I've had some issues with the tenants but all sorted now and I need some help with the second.
Letting agents found 2 tenants just under 2 years ago A & B who were work colleagues for a short hold tenancy agreement.
B got married and moved out and A called and said her sister C wanted to move in.
As A was lead name on the deposit they sorted it out with the deposit service that they could remove Bs name and C could go on the deposit and they settled up amongst themselves and a new tenancy agreement was signed.
A has contacted me and is moving due to work but C wants to stay in the property and has found someone who wants to share with her person D.
As A is lead name on the deposit do I need to refund all monies and start a new deposit in names C & D or can I just change names again and let them sort it out (that's what they prefer to do)
As I paid for the agents to find the tenants for me A & B would have had all the relevant checks done but C didn't.
How do I satisfy myself that they can afford the rent do I take pay slips from just D or both as that was never done when C moved in?
D comes from a EU country and is employed but I feel I need to check this out.
Can anyone advise how I do this? Myself and the tenants want to avoid going through the agency as they will be paying £800 for there service and I will loose half a months rent so it does seem crazy to do that.