Lettings company Director faces 6 year ban following failure to protect over £68,000 worth of deposits
c.jermyn • January 17, 2020
Kelly Louise Forrester, Director of Clear Property (Clear Lettings Limited) in Exeter, failed to protect the deposits of over 54 properties from June 2016 to April 2019.
Having collected the deposits, Kelly Forrester spent the considerable funds on the running of the business instead of protecting them in a government-backed custodial scheme.
The misconduct was discovered by the Insolvency Service's investigations into Kelly Forrester's activities as Director following Clear Lettings entering into liquidation proceedings in April 2019.
Whilst the consequences for Kelly Forrester are clear, where does this leave her landlords? well, not only do her actions leave her landlords with no security for their property, she also leaves them open to a claim by the tenants for compensation under Housing Act 2004, and problems in obtaining possession of their property.
If, as a landlord, you have concerns about the protection of your deposit then we have an experienced team of specialists who would be happy to advise you.
Source: https://www.gov.uk/government/news/failure-to-safeguard-deposits-lands-lettings-boss-with-ban
Contact Us
News & Insights
Grass and wildfires are spreading across the UK. Find out when an accidental fire becomes negligence, and who could be liable for the resulting damage.
Expert property solicitor Pedro answers questions on auction purchases, refinancing, title splits and multi-unit property investments. Get practical legal guidance.
Invested in a care home, hotel or student flat scheme that collapsed? Learn what an unauthorised Collective Investment Scheme means for you.
Section 114 Notices are already landing. Zoe Turner explains what local authorities can demand under the Renters' Rights Act, and how to prepare.
Using a Lifetime ISA to buy your first home? Bethany Hudson explains how LISA withdrawals work in a property transaction, what to tell us early, and how to avoid costly delays.
What changes under the Renters’ Rights Act affect Welsh landlords? Learn about anti-discrimination rules, occupation contract updates, compliance deadlines and what does not apply in Wales.
Woodstock Legal Services wins the Business Growth Award at the Modern Law Awards 2026, recognising sustainable growth and legal excellence across the UK.
Buyers should arrange independent gas and electrical inspections before exchange to reduce risk, ensure safety, and avoid costly issues after completion.
UK landlords in 2026: understand rights, responsibilities and legal obligations under the Renters’ Rights Act. Stay compliant and avoid costly risks.