Teancy deposits and cleaning charge

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C
Charles
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We have 10 properties and all have rents circa 500 to 700.All privately let.
We are considering offering 'no deposit' to new tenants but uplifting monthly rent.Really don't want to get involved with more admin in shape of deposit schemes.
However anyones thoughts on charging an upfront cleaning charge for the property which would be returned when agreement ends and house left in clean order? Cleaning charge would be about same as previous deposits.
Alternatively charging two months rent to start with so always have some cash in hand in case of defaulters.
Also am I right in thinking that the deposit schemes only apply to brand new tenants and not ones that simply renew?
06/04/2007 00:00

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