Tenancy Deposit Scheme
We propose to charge a £100 non refundable charges in future. On top of this, we will charge, say, £430 per cal month for the first six months of the tenancy, which will give us £180 of non refundable income. Add to this the exta £70 taken for our costs, this will mean we have taken £250 per tenancy extra in non refundable income, against a usual deposit of £390., most, or all of which has been refunded to the tenant in the past.
If the tenancy is satisfactory, we may offer a reduced rental in the second, continuing phase of a tenancy, of £390 per month, at current rates. We hope this will promote a good results.
Can anybody spot any flaws here please ? Many thanks.
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