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Tenancy deposit scheme

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Comments

  • BitterAndTwisted
    BitterAndTwisted Posts: 22,492 Forumite
    10,000 Posts Combo Breaker
    When your pal moved in to the property were you living there or already away on your op? When the op finishes in October will you be returning to live in your property or might you be posted off elsewhere.

    The reason for my question is to clarify whether your pal has exclusive use of the property and is therefore a tenant where the deposit must be registered, or are they a lodger when it does not
  • I was still living in the house until she moved in now I'm moving to my base port in Plymouth. The tenant will have exclusive use of the property
  • Werdnal
    Werdnal Posts: 3,780 Forumite
    Part of the Furniture Combo Breaker
    Re the deposit, its free to use the DPS; the insurance based policies have a fee and are usually preferred by agents as they do not physically have to part with the deposit in cash, only insure its value to guarantee the funds are secure.

    You can do the DPS yourself online, only take a few minutes to register, lodge the deposit amount and print off the PI - make sure you provide the tenant with all the info, not just the single page certificate. The DPS will also contact the tenant direct to give their own log-in info and password for them to access the deposit at the end, but you still have to comply by supplying the info required from your side.
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    bigmouse wrote: »
    My landlord has never issued me with any details of ,,,,.....

    Where should I go with all this????
    Rather than hijack Aircrafthandlers thread, and confuse everyone by getting replies to two different questions on the same thread, delete your post and start a new thread!

    Beneath your post, click 'edit' then delete, then delete again.
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    edited 12 August 2012 at 6:07PM
    Werdnal has given a good answer to the deposit registration question.

    Action it asap!

    But you really should have researched what's involved in letting your property before granting the tenancy!

    Might there be anything else you've missed?

    Click here.

    A bit late now I know, but I would always advise against letting to a friend. Initially it always seems a good idea - "I know him/her". "I trust him/her".

    The problem is, when issues arise, the friendship gets confused with the business relationship.
    * Friend loses job
    * Friend can't pay rent
    * You still have to pay mortgage
    * you feel you can't evict friend

    etc etc
  • bigmouse
    bigmouse Posts: 24 Forumite
    G_M wrote: »
    Rather than hijack Aircrafthandlers thread, and confuse everyone by getting replies to two different questions on the same thread, delete your post and start a new thread!

    Beneath your post, click 'edit' then delete, then delete again.

    Done - new thread started
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