Wednesday 3 May 2017

Brief Guide For Tenants To Learn About Rental Properties


When you acquire a house property on rent, you need to consider several things such as safety of your deposit, impact on credit score, fees payable to agents, cost efficient ways of furnishing etc.

Check for the contents coverage

It is the duty of the landlord to get buildings insurance. This insurance protects the house stuff from any unfortunate event like natural calamities etc. So, before making a move in your rented house, ensure that your landlord has provided you enough coverage for the contents of the house.

Check about the protection of your deposit

Before renting a house, a tenant has to give a certain amount of money as a refundable deposit to the landlord. A tenant, under “tenancy deposit protection scheme” can check the state of their deposit for safety and assurance.

According to the law prescribed in UK, a landlord is obliged to put this money deposit into prescribed scheme within thirty days of obtaining it. This is done towards protecting the deposit of the tenant.

A landlord who fails to safeguard the tenant deposit in this manner can be asked by the tenant to present himself at the small claims court. If the landlord is found to be guilty, then as per the law he is entitled to pay back four times the deposit amount along with a penalty (i.e., thrice the deposit amount) to the tenant.

Ways to check deposit protection

To assure yourself that your deposit is held safe by the landlord, it is important to ask them or letting an agent of the scheme in which the deposit is held and under what name. This checking needs to be done prior to entering into a rental agreement.

If the name of the scheme in which the deposit is made, is not mentioned in your rental agreement then you can request them to give to you in writing or mention it in the contract.

Benfleet SS7 is a residential place where you can find several house properties available on rent. The properties for sale in Benfleet SS7 are fully furnished with modern age amenities to provide a superior level of comfort to people.

Keeping yourself updated with the recent amendments, addition and omission in renting laws would assist you in your renting objective.