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Need Advice on receivership

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  • 26-02-2015 5:11pm
    #1
    MoistNSquishy
    Registered Users Posts: 9 ✭


    I have just received a letter from the banks saying that my Apartment has just gone into receivership. This letter is asking for all sorts of details such as Lease length and rent paid monthly etc. I rang my landlord and he said he was talking to his solicitor about this and not to worry. The problem is we have no lease and I am worried we could be turfed out at any moment, we paid no deposit either. Do I have a leg to stand on or do I start looking for a new place immediately?
    Thanks in advance for any advice.


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    #2
    The_Morrigan
    Moderators Posts: 9,368 ✭✭✭The_Morrigan


    Mod Note

    OP can you please be mindful of your typing, I've just replaced every < in your text with the correct letter v.
    If posters can't read your posts, they will be unable to help you.

    thanks

    Morri


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    #3
    MarkAnthony
    Closed Accounts Posts: 6,934 ✭✭✭MarkAnthony


    Start looking for a place now.

    If there is no deposit in issue you're better off than most. You're now in a situation where the Land Lord is responsible for the upkeep but the rent will most likely go to the receiver. You can guess how well that works in most cases.

    Speak to FLAC/Threshold for advice, don't be too worried you'll not be out on the street tomorrow just be careful what info you give the receiver without first getting proper advice. Rent should be paid as directed by the receiver but again get proper advice on this.


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    #4
    MoistNSquishy
    Registered Users Posts: 9 ✭MoistNSquishy


    Thanks for advice and appologies I have no v key this is a copy a pasted v.


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    #5
    Eldarion
    Registered Users Posts: 484 ✭✭Eldarion


    MoistNSquishy wrote: »
    Thanks for advice and appologies I have no v key this is a copy a pasted v.

    How very strange...

    Quick solution for you until you get a new keyboard would be to download a key remapper. I've used sharp keys or auto hot key personally so i can recommend. Should be pretty quick for you to google and download.

    Fairly simply to use and you could just remap some unused key on your keyboard such as §, ±, ~, ` to return the letter v for you instead.

    For your receivership issue. You should almost assume you could lose your deposit. I'd insist on written clarification that the receiver is assuming liability for it. Not something I'd recommended or advocate in the slightest but I've heard anecdotes of people in similar situations sending the rent to a sectioned off separate account until full agreement of terms has been met with the receiver.

    If the receiver plays the card that they are not legally bound by their lease and do not have to uphold obligations then you are not legally bound to deal with them either. It's a really messy one, it's unfortunate this is happening to you op.


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    #6
    The_Morrigan
    Moderators Posts: 9,368 ✭✭✭The_Morrigan


    Eldarion wrote: »
    How very strange...

    Quick solution for you until you get a new keyboard would be to download a key remapper. I've used sharp keys or auto hot key personally so i can recommend. Should be pretty quick for you to google and download.

    Fairly simply to use and you could just remap some unused key on your keyboard such as §, ±, ~, ` to return the letter v for you instead.

    For your receivership issue. You should almost assume you could lose your deposit. I'd insist on written clarification that the receiver is assuming liability for it. Not something I'd recommended or advocate in the slightest but I've heard anecdotes of people in similar situations sending the rent to a sectioned off separate account until full agreement of terms has been met with the receiver.

    If the receiver plays the card that they are not legally bound by their lease and do not have to uphold obligations then you are not legally bound to deal with them either. It's a really messy one, it's unfortunate this is happening to you op.

    There is no deposit in this instance.


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    #7
    MoistNSquishy
    Registered Users Posts: 9 ✭MoistNSquishy


    or lease... if i can find a new place soon, i think i will just walk away from this one.


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    #8
    Eldarion
    Registered Users Posts: 484 ✭✭Eldarion


    MoistNSquishy wrote: »
    or lease... if i can find a new place soon, i think i will just walk away from this one.

    Apologies should have read the OP better!

    Makes sense, if only just for your peace of mind.


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    #9
    Kelly06
    Closed Accounts Posts: 509 ✭✭✭Kelly06


    Op ask to see the deed of appontment of the receiver before handing out money to them.


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    #10
    ted1
    Registered Users Posts: 23,365 ✭✭✭✭ted1


    If it was me I might be inclined to Lower the rent... Worth a shot


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    #11
    Carawaystick
    Registered Users Posts: 8,779 ✭✭✭Carawaystick


    I'd ask for the receiver to collect the rent in person,
    to bring two forms of id(passport,driving license, garda age card) and a recent utility bill.

    The usual crap the banks make you jump through.

    The bank will obviously object, so you a) negotiate a rent reduction for the extra costs of having to lodge to the account of their chosing
    b) brazen it out with the refusing legal tender cancels the debt argument.


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    #12
    Kelly06
    Closed Accounts Posts: 509 ✭✭✭Kelly06


    The receiver is not a bank. The receiver is usually accountant who is appointed to be the agent of the borrower (landlord).

    Look for proof of appointment of the receiver, when you get it you have to pay your rent to them. You will have to move eventually, if something good comes up go to it.


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