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Charging for pets
Charging for pets
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If we have taken a pet deposit on a property prior to the tenant fee ban and the tenancy then changes from a fixed term to a new fixed term, at that stage we have to refund any excess deposit over 5 weeks rent. For example if the rent is £700, the deposit is £800 and we took a pet deposit of £150 (ie total deposit of £950), we have to refund the tenant £142.30 (£950 minus the 5 weeks deposit of £807.69). This then means that the landlord has no protection should the tenant's pet then damage the property. What can we do?

08/05/2019 16:21

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