Good tenancy rebate scheme.

You are here : Member Forums Campaigning and Policy Good tenancy rebate scheme.
This topic has been locked as no posts have been made within the last 90 days.
M
Member
2 Posts
0 Thanks
I have instigated a 'Good tenanacy rebate scheme' it works like this.

Rent was 450/cal mth. Deposit was 450

For all new tenants I have put my rent up to 525 and I no longer require a deposit. My tenancy agreemnt says - 'We do not require a deposit.'

I advise my tenants that the rent is 525 for 6 months which reduces to 450 in the seventh month and beyond.

I also advise them I will pay them 450 (good tennacy rebate) if the leave the flat in good order etc.

Are there any problems re the legality of this. Some tenants have suggested that I am building the deposit into the monthly rent over a six month period... I have no idea what gave them this impression.

Oh... and I advertising 'No desposit required' and rent is nett 450.

Thanks in anticipation

18/02/2008 00:00

Want to read more?

This is a members only forum, if you want to read more you need to login to your membership, if you are not a member, click here to join.

This topic has been locked as no posts have been made within the last 90 days.
Landlord & Investment Show
Elfin Kitchens
Landlord Broadband
John Pye Auctions

Share this page