78% of withheld deposits are due to cleaning issues

Statistics recently released by my|deposits showed that where a landlord retained part of a deposit, 78% did so to pay for cleaning issues after the tenant had left the rented property. Damage to property, furniture and carpets were other key … Continue reading

Average tenancy deposit on the rise

According to my|deposits the average tenancy deposit has increased by £125 from £985 to £1,110 in the past twelve months. “With rents continuing to rise, landlords and agents are understandably taking larger deposits to help protect their investments. The increase … Continue reading

Landlord warning: distressing checkout footage

The property portrayed in the video below shows some distressing checkout footage. It was newly refurbished in early summer 2010, and we had produced a video inventory and detailed schedule of condition report for the check-in. After just twelve months … Continue reading

Landlords seek to increase their portfolios

According to the latest research from ARLA and the Residential Landlords Association, landlords are in the market to buy up more properties as rental demand continues to grow. One-third of landlords with properties in central London plan to add more … Continue reading

Landlords are doing it for themselves

With the rise of websites such as upad.co.uk, many landlords are now adopting a “do-it-yourself” attitude to lettings and also taking full advantage of social media sites such as Facebook and Twitter to find tenants for their properties. If you … Continue reading

Increased use of video in deposit dispute cases

It has recently been reported that an increasing number of landlords and property professionals are using video evidence in tenancy deposit dispute cases. According to my|deposits.co.uk, those involved in the private rented sector are increasingly beginning to see that “clear … Continue reading