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From 6 April 2007, all deposits (for rent up to £25,000 per annum) taken by landlords and letting agents for Assured Shorthold Tenancies in England and Wales, must be protected by a tenancy deposit protection scheme. Within 14 days of taking the deposit, you must provide your tenant with details of how the deposit is being protected. There are two types of tenancy deposit protection schemes available for landlords and letting agents (insurance-based schemes and custodial schemes). All schemes provide a free dispute resolution service.
We recommend that you visit http://www.direct.gov.uk/en/TenancyDeposit for further information on available schemes or use the contact details of approved schemes shown at the bottom of this page.
In order to comply with legislation regarding the way deposits are now held, it is very important that a detailed Inventory/Schedule of Condition accompanies the Tenancy Agreement.
If a claim is to be made against the deposit at the end of the tenancy, a detailed inventory will be essential for the claim to be successful.
What are the Tenancy deposit schemes ? [Click here]
Landlord Inventory Service + FREE Check In Procedure Use our specialist Landlord inventory services to prepare your inventory. All inventories are carried out by trained clerks.
An inventory will contain: * A full list of the contents & description of their condition, colour, make, model etc. * A full description of the decor in each room, colour, condition etc. * Description of the style of property and external decoration and features including the gardens * Unbiased and honest assessment of all the above which may benefit a deposit claim.
Includes FREE Check In procedure with all inventories All our inventories come with a free check in procedure allowing tenant and landlord to agree and sign off the inventory.
** Nationwide Coverage **
A guideline to our inventory charges
1 or 2 Bedroom Flat - £88 unfurnished / £105 furnished
1 or 2 Bedroom House - £99 unfurnished / £116 furnished
3 or 4 Bedroom flat - £116 unfurnished / £154 furnished
3 or 4 Bedroom House - £127 unfurnished / £165 furnished
5 + Bedrooms - estimates on request.
* PLEASE NOTE: All charges subject to VAT.
Approved Available Schemes:
The Deposit Protection Service (The DPS) For more information, visit the website below or telephone 0870 707 1 707 http://www.depositprotection.com
Tenancy Deposit Solutions Ltd (TDSL) For more information, visit the website below or telephone 0871 703 0552 http://www.mydeposits.co.uk
The Tenancy Deposit Scheme (TDS) For more information, visit the website below or call 0845 226 7837 http://www.thedisputeservice.co.uk
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