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Renting property - Deposit Question
Rocket_Dog_2
Posts: 25 Forumite
If I am looking to rent out my home and a tenancy agreement is being signed is it compulsory to obtain a deposit and go down the whole "Tenancy Dposit Scheme" route ? I a letting the property to a friend so we had not intended on requesting a deposit. Thanks
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Comments
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Letting to friends or family is not recommended. The internet is peppered with stories of broken friendships, embarrassed landlords and large out of pocket expenses......AVOID AT ALL COST.
Its AWAYS important to take a deposit, whoever it is. Letting is risky enough without taking away one of the small safety ropes.
Proceed at your peril....................:eek: :eek: :eek:0 -
The internet is peppered with stories of girls pooing in cups. It does not mean they all do it:rotfl:subjecttocontract wrote: »Letting to friends or family is not recommended. The internet is peppered with stories of broken friendships, embarrassed landlords and large out of pocket expenses......AVOID AT ALL COST.
Its AWAYS important to take a deposit, whoever it is. Letting is risky enough without taking away one of the small safety ropes.
Proceed at your peril....................:eek: :eek: :eek:S!!!!horpe0 -
subjecttocontract wrote: »Letting to friends or family is not recommended. The internet is peppered with stories of broken friendships, embarrassed landlords and large out of pocket expenses......AVOID AT ALL COST.
Its AWAYS important to take a deposit, whoever it is. Letting is risky enough without taking away one of the small safety ropes.
Proceed at your peril....................:eek: :eek: :eek:
all true and i would concur but if you insist on going ahead there is no legal requirement for you to take a deposit it is just common sense. friendships can cool but responsibilities of a landlord will not go away.0 -
The internet is peppered with stories of girls pooing in cups. It does not mean they all do it:rotfl:
Yeuch!! I'd managed to block that video from my head until you just reminded me of it. Guess who won't be eating for a couple of days...
Treat others as you would like to be treated :A0
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