If you thought damage and rent arrears were the only reasons for deposit deductions, think again. Two separate pieces of research highlight how dirt can be a renter’s end-of-tenancy nemesis.
Much has been made of resistance among landlords to upgrade their properties to be more energy efficient but if this year’s Handelsbanken Property Investor Report is accurate, the tide has turned.
Did you know gardening – or a lack of it - is one of the top five reasons a landlord will make a deposit deduction, according to the Tenancy Deposit Scheme? Just as structural or cosmetic damage inside a buy-to-let can devalue a property, a neglected garden can knock thousands off a home’s value and cost vast sums to put right.
Viewing a property is one of the most exciting steps when moving home. There’s a sense of anticipation and also optimism that this ‘could be the one’. Paying close attention and asking the right questions is just as important when touring a rental property as it is one you might want to buy.
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