A tenant has decided to end the tenancy and wants to make sure that they get all their deposit money back. However, there are a variety of issues that can allow a landlord to deduct money from a tenant’s deposit to pay for repairs and cleaning.
A new independent study has highlighted a few common issues that are cited by landlords when deducting funds from a tenant’s deposit:
· 29% of tenants have experienced a deduction due to broken chairs, tables, door handles and other items
· 24% of tenants have been penalised due to marks on the walls, this includes finger marks
· 21% of tenants had to compensate for carpet stains
· 12% of tenants have had a deduction for redecorating the property without the landlord’s permission
· 9% of tenants have experienced a deduction for mould
Scott Littlefair, Littlefairs Property Company Managing Director, says: “Returning deposits can cause disputes between landlords and tenants, so it is important that a detailed inventory is drawn up at the start and a proper check in and check out process is followed. Although everyone agrees on the importance of the inventory, the quality of the industry provision varies greatly across the industry. A professional and diligent approach is essential in ensuring that tenants and landlords avoid financial loss. At Littlefairs we use the services of an accredited professional who meets the highest industry standards. This plays a significant role in protecting both the landlord and the tenant. It is also mandatory that the tenants deposit is held in a deposit protection scheme so both parties are protected.”
Any loss or damage to the property during the tenancy must be reported to the landlord or the letting agent to minimise any loss of deposit and damage to the property.
For more information or advice on letting a property or holding a deposit contact one of our experienced team on 01904 393989.
