Landlords

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02nd February 2012

Landlords - Do you register your own deposit?

Landlords do you register your own security deposits with 'mydeposits'?

The tenancy deposit scheme 'mydeposits' has released an online checklist for landlords to help them in any dispute with their tenant over the return of the deposit.

The checklist gives guidance to landlords on what to do before, during and at the end of the tenancy to ensure they have the right evidence if a dispute arises.

While formal disputes are rare, they are usually caused by issues such as cleaning charges, unpaid rent and damage to the property or its contents.

Landlords should remember that the deposit is always the tenant’s money, and if they wish to withhold any of it for cleaning or unpaid rent, then they must provide evidence of this.

By following the checklist, landlords will ensure they have this evidence and aren’t losing any disputes unnecessarily.

The guide ‘Preparing your dispute evidence – A checklist for landlords’ can be found at http://bit.ly/rphkJw

At Martin & Co we register the security deposit with the 'DPS' as part of our fully managed service which takes the hassle away from you. If you would like more details on our services or would like a free no obligation rental appraisal on your property please call 01243 823000 or e-mail us at bognorregis@martinco.com.