Tenancy Deposit Advice
A deposit is collected from the tenant to safeguard against damage. At the end of the tenancy we will inspect the property and the costs of any work required will be deducted from the deposit.
As a landlord, it’s important that you ensure the tenants deposit is protected in a Tenancy Deposit Protection scheme within 30 days of receipt. The Housing Act 2004 came into effect on 6 April 2007, and made provision for the protection of tenancy deposits and the resolution of disputes over their return. All deposits taken for Assured Shorthold Tenancies after this date must be covered by a Tenancy Deposit Protection Scheme. Any disputes will be referred to the dispute resolution service of the Tenancy Deposit Protection scheme.