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Advice Needed Regarding Rented Property / Bond

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Old 18 August 2010, 12:18 PM
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Terzo 333
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Question Advice Needed Regarding Rented Property / Bond

To cut a long story short, a friend has rented a property out, taken a month's rent up front and a month's rent as a bond. Tennant has lost job and will have to leave at the end of the month.

They had a shorthold tennancy agreement in place, signed for a minimum of 6 months.

By law can they keep all / some of the deposit for the inconvenience caused ?

Thanks :-)
Old 18 August 2010, 12:39 PM
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Luminous
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Hmm, tough one, tenant is already having a hard time, not too nice to make it worse.

Afaik, you can deduct from the deposit the expenses you incur in finding a replacement tenant. Ask the tenant to try and find someone, and ask them to show around people reducing your costs.
Old 18 August 2010, 01:01 PM
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Depends totally on whether they've done it legally. Have they lodged the bond with a bond protection company as they are supposed to? If not, hand the money back before you end up with a squatter and an illegal contract.

more on www.landlordzone.com
Old 18 August 2010, 01:37 PM
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Terzo 333
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Originally Posted by fivetide
Depends totally on whether they've done it legally. Have they lodged the bond with a bond protection company as they are supposed to? If not, hand the money back before you end up with a squatter and an illegal contract.

more on www.landlordzone.com
Yes the bond is with the DPS
Old 18 August 2010, 02:06 PM
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In that case he can ask but it really is up to them. He'll need to show reciepts etc to justify costs. I would say the advertising for the flat and the cost of drawing up the contract should be worth a few hundred quid.

At least the tenent has been honest, not moved in then started a housing benefit claim etc. Depends if it keeps going smoothly and/or if he wants to kick someone while they are down and all that.

5t.
Old 18 August 2010, 03:00 PM
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Fairest thing is to get his expenses back without making a profit out of the other bloke's misfortune I would think.

Les
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