David Cox and James Davis Video Series: Making Deposit Claims
Upad CEO James Davis is joined by ARLA Propertymark Chief Executive David Cox to discuss how landlords should make claims against a tenant's deposit once a tenant has moved out. They cover the following:
Are landlords under the impression that they have a right, by default, to make deductions, and do they forget that the deposit is not their money, but actually belongs to their tenant?
If private landlords do need to make a claim against a deposit, what should be provided in terms of proof and evidence in order to make a relevant deduction?
What is the role of a detailed inventory and schedule of condition, alongside the assured shorthold tenancy agreement, when it comes to claiming against a deposit and making deductions?
How are these used should there be any disputes at the end of the tenancy relating to the deposit?
For further information about dealing with tenancy deposits and potential disputes, you can register free with Upad to access exclusive guides and advice tailored specifically for private landlords. Register now at https://www.upad.co.uk/register