There have been lots of changes in the world of fees, and great news – long gone are the days when moving house would cost you thousands! This change means that all you are now allowed to be charged for is: The rent Your deposit (see below!) A holding fee, which must be returned to …
A check-out inventory protects both landlords and tenants, helping you resolve any disagreements when your tenant’s rental agreement ends. Not sure if you need one? Read on as we explore the benefits of carrying out a detailed housing inventory and explain how to resolve any disputes that arise. The house inventory lists all fixtures and …
When a change of tenancy occurs in a property, there are a few essential tasks every landlord must complete. One of these is the property check-out so that the deposit can be returned to the tenants in full if no damages were found. But what should landlords do at the end of the tenancy if …
At first glance, deposit free renting seems like it only benefits the tenant. After all, a rent deposit gives landlords and their properties protection while their tenants live there. However, there are some clear benefits for both landlords and tenants when it comes to deposit-free renting. How does deposit free renting work? Simply put, the …
The law around security deposits changed for the better in 2007, making it compulsory to protect a tenant’s deposit in a government-approved scheme. The deposit lawfully belongs to you, and your landlord must provide evidence of their costs if they feel the need to make deductions from it. If a tenant does experience a deduction, …
Whether you are a tenant or a landlord, it’s essential to be in the know about all things rental. Deposit replacement schemes are becoming increasingly popular amongst renters and landlords all over the UK, but what are they and how do they work? If you’re curious about deposit replacement, then you’re in the right place, …
Most tenancy agreements require you to put down a deposit that will be paid back should the property be returned to the landlord in the same condition as when you rented it. The inventory is the most important tool to getting your deposit back so read on to find out exactly what to do when …
So, you’ve come to the end of your tenancy. Unfortunately, the landlord has a few qualms about certain aspects of the property and refuses to give you the full deposit. A dispute has broken out, but don’t worry! We’re here to provide you with advice on how to deal with a deposit dispute and hopefully, …
Recently, we compiled everything you need to know about deposit protection schemes so that you know what they are and how they work. Now, we’re bringing even more details on deposit protection schemes. How can I get a deposit protection scheme? The letting agency you instruct should be able to help you register with one …
Tenancy deposit protection was introduced to help safeguard a tenants’ deposit and ensure that they get their money back at the end of the tenancy, provided the tenant has met the terms of your tenancy agreement. There are two types of deposit protection schemes: insurance and custodial. If the landlord fails to pay the tenant, …
