Make certain that your deposit is safe

For a number of years now, we have been offering our assistance to both tenants and landlords alike in their efforts to find the right properties. We oversee both multi and single-let homes – properties that have proven to be excellent choices for all kinds of tenants, from families, students, and experienced tenants alike. As one of the top businesses working in room to rent Portsmouth has, we are the people to contact if you’re struggling to locate suitable accommodation.

One fifth of UK households are rented privately and the costs of privately rented properties can vary greatly. In order to help you get to grips with renting (if you have little prior experience), we’ve outlined some of our top tips below that can point you in the proper direction.

In both England and Wales, over a third of private renters are unaware of what’s known as the tenancy Deposit Protection Scheme, or if their deposits are even safeguarded. As stated by law, if you possess an assured shortlist tenancy (AST) which began on or after 6th April 2007, your landlord is required to place your deposit into an appropriate scheme within 30 days of receiving it. Should a landlord fail to defend your deposit, you will be able to escalate the matter to a small claims court to get it back.

If your deposit happens to be in one of these schemes, you are entitled to the full deposit sum once the tenancy has ended – as long as you’ve met all the necessary terms. Those who come to an agreement with the landlord in regards to how much money they’re due shall have it returned to them within ten days following the end date of the tenancy.

At T1property, we prefer to keep things friendly yet efficient whilst working with our clients. Aside from finding the ideal lodgings for you, we also work to ensure that your investments are kept safe, having had much experience in doing so in the past. We are very proud to be one of the best for room to rent Portsmouth tenants can call on.

If there is anything you need help with, you’re more than welcome to call us.