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Letting Agent Banned After £34,000 Deposits Go Missing

Letting Agent Banned After £34,000 Deposits Go Missing

by guildy | 19 Dec 2018 | Agents, News, Tenancy Deposit

Letting agent Kari Ridout has been banned from acting as a company director for failing to protect thousands of pounds of deposits taken from private renters as her business failed. Ridout collected £34,600 of deposits for 24 homes she was managing and spent the money...
Only 1% of Tenants Dispute Landlords Keeping Deposits

Only 1% of Tenants Dispute Landlords Keeping Deposits

by guildy | 29 Nov 2018 | News, Statistics, Tenancy Deposit

Fewer than 1% of buy to let tenants have a dispute with their landlords over returning deposits. Only 0.85% of all tenancies ended in a dispute over the money, said data from The Tenancy Deposit Scheme (TDS). The TDS statistical briefing for 2018 also revealed that...
Buy to Let Lender Backs Tenant Deposit Shake-Up

Buy to Let Lender Backs Tenant Deposit Shake-Up

by guildy | 31 Oct 2018 | News, Statistics, Tenancy Deposit

One in three renters have lost money from their deposits, while landlords and letting agents take too long to return the money at the end of a tenancy, says a new survey. Building society Nationwide is calling for a law change to help tenants find the cash to move...
Housing Minster Rejects Call for Cap on Buy to Let Deposits

Housing Minster Rejects Call for Cap on Buy to Let Deposits

by guildy | 30 May 2018 | New Legislation, News, Tenancy Deposit, Tenant Fees

Housing Minister Heather Wheeler has rejected a call for a cap of no more than four weeks’ rent on deposits on private rented homes. Labour’s Shadow Housing Secretary John Healey quizzed the minister about a deposit cap in a written question at Westminster. He asked...

Checklist of what to do at the end of the tenancy

by guildy | 10 Aug 2017 | Granting a Tenancy, Post Tenancy, Tenancy Deposit, Tenants Notice to Quit

This entry is part 20 of 20 in the series Granting an Assured Shorthold TenancyWhen the tenancy has ended, the following should be considered: The notice to quit from tenant Ensure the notice to quit provided by the tenant is valid. As a quick guide, the notice may...

Landlord no longer wishes to retain a deposit under a particular scheme

by guildy | 5 Jul 2017 | Tenancy Deposit

The below guidance deals with the situation where a landlord wishes to no longer retain a deposit under a scheme “during the tenancy”. This has nothing to do with when the tenancy has ended. Custodial Scheme There is no provision within the Housing Act...
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