DPS for a new tenancy with same tenants but with an increased rent

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M
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Dear Sir / Madam,

I will be very much obliged if you can assist me with my enquiry.

I am in the process of renewing my tenant's tenancy agreement with an increased monthly rent. Do I need to give them back their initial deposit paid into DPS and ask them to pay a deposit of the increased rent or do I just take the difference in rent and pay into the DPS? Please advice on the best way forward, as I need to do things correctly.



I await your prompt response.



Kind regards

Mrs Oni
05/08/2015 14:38

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