Not taking a deposit
Tenancy Deposits

Play hard but be fair
Play hard but be fair
2 Thanks
45 Posts
15 years ago
I see that in regards to taking a deposit it now must be placed within an approved scheme. Your website also advises about taking an additional months rent instead of a deposit to get around this and getting a written form signed to say that this is not a deposit.
However, when the tenant lefts the property how do I recover any cost caused by damage etc. if the money has been said not to be for this purpose. Does this only cover if the tenant leaves without paying their last months rent.

Please Login

You must be logged in to participate in our forums, to continue please login below.

Not a member? From only £99 you can join in the discussion and get access to member's only resources and services.

As the home for landlords, the NRLA are here to help you save time, save money, and stay compliant. NRLA membership gives you access to a vast range of expertise, resources, and exclusive member benefits and savings, designed to help and empower members. We also play a pivotal role in campaigning and championing the interests of landlords.