Yes, if the property is sold, the deposit can be transferred to the new landlord. If you have an insured scheme, you can ask the scheme operator to update the protection details with those of the new landlord. If you have a custodial scheme, you can ask the scheme to update these details or undertake a deposit transfer into the new landlord’s scheme account. In both situations, the new landlord must serve new prescribed information to the tenant within 30 days.