Results for tag "Deposit"

As can be expected a deposit replacement scheme functions somewhat similarly to a traditional security deposit, offering the landlord monetary protection should their tenant fail to pay rent, or da...

September 02, 2021

The National Residential landlords Association has moved to support the plans for lifetime deposits throughout the rental sector. This fresh support has resulted in all aspects of the rental indust...

August 26, 2021

ContentsWhat Is a Tenancy Deposit?Tenancy Deposit Protection SchemesHow Much Can a Landlord Take for a Tenancy Deposit?What Deductions Can Be Made From a Tenancy Deposit?Disputing Deductions Made b...

June 28, 2021

Renting comes with many legal obligations for both the tenants and the landlord to uphold. Whilst the tenancy agreement is legally binding and property owners are dependent on the referencing proce...

May 21, 2021

It can be easy understandable for a tenant to begin to question the security of their home if their landlord has decided to sell their rental property. Such a transitional period can curate uncerta...

May 06, 2021

Naturally landlords seek to safeguard their rental property investment, with various measures such as the deposit schemes being implemented in these efforts.  Whilst discussing finances can be...

April 30, 2021

Both a landlord and tenants are aware of the need for a security deposit when renting a property. A landlord also knows that it must be stored safely, should anything go wrong at a later date. A de...

March 04, 2021

Times are undoubtedly tough on renters at the moment. One way that’s being investigated in order to ease pressure and to help stimulate the rental market is a no deposit scheme. Here, a tenant pays...

March 04, 2021

When you’re renting a house or flat you hand over a deposit to the landlord who then returns this when you leave, minus any deductions for damage.  Provided you agree to this, everyone goes on...

February 17, 2021

Most Tenancy Agreements these days contain a term which states that the landlord should ‘allow tenants quiet, uninterrupted use and occupation of the property.’ You might also see this re...

February 17, 2021

Many letting agents these days are offering landlords the option of taking up a ‘nil deposit scheme.’   But what is it – and why should you go ahead with it? Also referred to as...

February 16, 2021

Your tenants are responsible for respective your property by keeping it in good condition. That means cleaning regularly and making sure there aren’t any big rips or mucky ...

February 16, 2021

Introduced officially in June 2019, the Tenant Fees Act initially only applied to new tenancies. In June 2020 it related to all tenancies in the UK – both new and existing....

February 16, 2021

You can be forgiven for getting confused over the different types of deposits involved in letting, particularly if this is your first time renting a property. So, what are they and when do they app...

February 16, 2021

From summer 2019 landlords have been forbidden to take more than five weeks rent as a deposit from new tenants renting their property. Prior to this it wasn’t uncommon for a landlord to ask for two...

February 15, 2021

ContentsHow Do Holding Deposits Work?   Do You Get a Holding Deposit Back? Tenant Fees Act 2019 and Holding Deposits Is a Security Deposit a Holding Deposit? Can I Get...

February 12, 2021

A ‘landlord’ or Buy to Let mortgage differs considerably from a standard residential mortgage. For a start it is more difficult to obtain and, secondly, it will also prove more expensive.   That’s ...

February 11, 2021

Naturally, landlords will wish to see maximal rental income to ensure returns on their buy to let investment, however with the private rental sector emerging from the pandemic, leaving thousands of...

February 11, 2021