5 Weeks Deposit and Pet DepositsMake Text Bigger
Hi fellow landlords.. just trying to keep up with the changes.
I have a couple of existing tenants who thankfully are very nice. When they moved in I took 6 weeks rent as their deposit and an additional pet security deposit of £300.
My questions are as follows:
Do I need to return their extra week of deposit monies to the tenants by June?
If I do… do I need to alert and adjust the figure with Mydeposits (govt ref scheme and… will they try to charge me for the privilege?)
Do I also have to return the additional £300 pet deposit protection? Or is Jenrick’s proposal one to simply ‘encourage’ ll’s to consider pets… and additional pet security deposits are still allowable (guessing from the thread I have just read on this site; most people believe the 5 weeks cap applies from June and it includes additional pet deposits).
Am I legally allowed to increase the tenants rent to cover the risks/costs of having a pet (is there a guide re what is considered reasonable)?
Finally – one lot of tenants rent their house from us and separately a horse field at the rear of the property. I have a tenancy agreement for the house and garden (where they have 2 dogs and some chickens) and from the outset they have always had a separate Field Rental Agreement for the land/their horse. Does the 5 week cap apply to field rents do you know? If it is separate I hope to keep the deposit as it is (which is more than 5 weeks of the field rent).
Appreciate your guidance!
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