Bust

FYI my landlord has gone bust. what a good news on a Sunday morning. a company has been appointed administrator of the flats and we were assured by the new management company that we should not be worried by the take over process. all tenancy agreements will remain legal and abiding with the new owner. the only problem is our deposits. i was informed by a neighbour that our deposits were put in the landlord's company account. now that the company had files for administration, the monies in the account had been used to pay off their debts. hhmmm...should not be worried?

a huge thank you to my kind neighbour who is willing to negotiate and speak on the tenants' behalf. save me lots of time on the telephone.

i don't want to be homeless.....