Landlords and letting agents aren’t carrying out inventory inspections on nearly a third of tenancies, leaving themselves open to disputes.
Landlords in Wales have found themselves unable to make deductions to deposits when using occupation contract templates, it has been claimed.
A letting agent has been found to have blatantly broken the law by refusing to hand back a holding deposit.
A judge has opened the door to higher compensation being paid by landlords if they fail to protect their tenants’ rental deposits within one of the official schemes.
Complaints involving disputed tenancy deposits have been rising after TDS, which operates three deposit schemes in the UK, recorded a 20% increase over the past 12 months.