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Friday, July 21, 2017
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Deposits

A section 213 notice is a prescribed form notice which must be served on your tenant, or another person, if they provided a deposit for a rental. If you have taken a deposit for an Assured Shorthold Tenancy (AST) in...
Some tenants have been caught out by fraudsters posing as landlords working some kind of a cash deposit scam or other frauds. These people have been advertising properties to let on websites or the local press, meeting prospective...
Holding Deposit through letting agent - my agent lost us a prospective tenant through false claims about the property and is now refusing to repay the holding deposit he took. A holding deposit through the letting agent is intended to...
If landlords accept holding deposits can they still accept higher offers?   A holding deposit (reservation deposit) is intended to reserve a letting, and the landlord/agent does this by taking the property off the market, though new enquiries should still be...
Key Points: Tenancy Deposit Scheme - From 6 April 2007, all deposits taken by landlords for an Assured Shorthold Tenancies in England and Wales (the vast majority of tenancies), must be protected by a tenancy deposit protection scheme. From this date, tenants can ask...
Rent Guarantee and Legal Expenses? Providing you have done your tenant screening and verifying properly (see 20 Steps to Successful Landlording) you shouldn't have problems with rent payments. However, even the best tenants can sometimes have difficulty paying their rent through no...