deposits new law
Tenant moves in 1/5/07
Rent = £500 pcm
I take 2 months rent ie. £1000.00
This covers the period
1/5/07 to 1/6/07 £500.00 paid
1/6/07 to 1/7/07 £500.00 paid
BUT the standing order would start 1/6/07. But I could say this covers the period a month later ie 1/7/07 to 1/8/07.
Is this ok? and how would I word it?
Please let me know.
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