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Is there a law that states the deposit must be one month? You could adjust the contract so that if a tenant requests pets, they're liable for a larger deposit /
by unfunco 3y ago
Is there a law that states the deposit must be one month? You could adjust the contract so that if a tenant requests pets, they're liable for a larger deposit / cleaning bill when they leave.
I rent and have two cats, they pee in the litter tray so that's not an issue, but they cause all sorts of other damage, mine like sitting on the bannister at the top of the stairs, so there's loads of scratch marks on it because it's too high to jump up to it easily, they're very furry Norwegian forest cats that groom each other a lot, so I wake up frequently to vomited up cat balls on carpets, etcetera.
My deal with the landlord is that I'll just pay for whatever damage is done, even if that's higher than my deposit.
- efaref 3y agoThe legal limit for the security deposit is five weeks (or six weeks when the annual rent exceeds £50k). source: https://www.gov.uk/government/news/security-deposit-cap-reduced-to-save-renters-hundreds-of-pounds https://www.gov.uk/government/news/security-deposit-cap-redu...
- gpderetta 3y agoThe deposit is max 5 week, but the tenant is still liable for any damage beyond the deposit. Of course the landlord need to take the tenant to court and there is no guarantee they'll ever be able to recover the money.
- ChuckNorris89 3y ago>Is there a law that states the deposit must be one month? No, but the market rate is at one month. >My deal with the landlord is that I'll just pay for whatever damage is done, even if that's higher than my deposit. Every tenant claims to your face he's a billionaire and that he will pay for everything, but then bolt it the week before the end of the contract, leaving you with a damaged apartment and unpaid bills. Such claims are difficult to enforce and a bird in the hand is worth more 10 in the bush.