Communication key to deposit disputes

Communication key to deposit disputes


Todays other news
The tenant was in hospital when he was evicted illegally...
The latest DPS survey makes gloomy reading for the sector...
The courts are under resourced to cope with a flood...
The Buckinghamshire Building Society does not lend to portfolio landlords...
A survey of landlords has produced an unexpected result...


Recent research from tenancy deposit protection scheme My Deposits has highlighted the importance of good communication between landlords and tenants at the end of the tenancy.

In the last year 30% of notified deposit disputes didn’t proceed to a formal alternative dispute resolution adjudication by the scheme which can partly be attributed to landlords and tenants communicating first.

Tim Frome, legal services manager at My Deposits said: “Whenever we receive notification from the tenant of a potential dispute we always recommend they speak to their landlord first. These figures help show the value of sitting down, talking to your tenant and explaining the reasons for your proposed deductions to the deposit can help lessen the likelihood of a formal deposit dispute. It’s always worth trying to negotiate as using the scheme’s formal dispute resolution process can take time.”

Frome went onto remind landlords that the deposit, by law, is the tenant’s money.

“If the tenant doesn’t agree with your deductions then they have the right to raise a formal dispute with their deposit scheme to reclaim the deposit money.”

Tags: Deposits

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Landlord Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
High house prices mean high deposits - an obstacle for...
Landlords gravitate to deposit alternatives in uncertain times - claim...
Agents say arrears are down and at normal levels -...
The average cost of damage done by a tenant is...
A mortgage chief is warning that thousands of buy to...
Growing arrears, falling yields and new laws make 2025 a...
The controversial proposal is backed by the Welsh Government...
Recommended for you
Latest Features
Inflation figures come out on Wednesday - and they're not...
A high profile holiday lettings firm gives its predictions for...
Sponsored Content

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here