Late deposit protection?

Reply to the comment left by Puzzler at 27/06/2023 – 14:14
It’s a family renting both parents work and are sensible. But will give deposit back ASAP

Reply to the comment left by Hereward of Bourne at 27/06/2023 – 15:17
Sorry to hear that, hope the tenancy get’s better.

Pay the deposit in now. I use the deposit protection service as they are free.

Also check gas safety certificates and elec safety certs right to rent how to rent guides and rectify if need be

Reply to the comment left by David Houghton at 28/06/2023 – 08:30
Where do I get the right to rent how to rent booklets?TIA

I am sorry if I sound harsh but landlords are getting bashed because of the unprofessionalism of landlords who do not know what they are doing and/or cannot be bothered to understand their legal duties and responsibilities.
Return the deposit NOW and get a signed and dated declaration from the tenants they have received this.
Did you buy this property to rent out? If yes, you really have no excuses for not knowing what you should be doing? If no, then is it mortgaged and have you told your mortgage company you have rented it out as likely to be breaching the T’s and C’s of your mortgage conditions.
What is the EPC?
Is it leasehold or freehold? If leasehold have you asked/informed the freeholder as may need to pay a fee and give formal notice of assignment. Also, and very important if leasehold, have the tenants signed a Deed agreeing to abide by all the clauses in YOUR lease bar ground rent, service charge/maintenance and buildings insurance? If no is there a similar clause in your tenants Tenancy Agreement.
How long a tenancy have they signed up to?
Have you served ALL the paperwork and documents you need? Do you know what you needed to have served? Did you do the Right to Rent check paperwork? It’s not just for foreigners.
Did you do a proper inventory? Written AND photographic? These days it is imperative.
Do you know if you are in a selective licensing area?
Have your a written GDPR policy and given a copy to your tenants? The GDPR keeps a check on landlords and letting agents ensure the information held regarding a tenant, guarantor or next of kin are kept safe and the information is not abused or ill-used. Have you registered with the ICO?
Have a read of this https://thebla.co.uk/how-to-comply-with-gdpr-landlord-agent-guide-2021/#GDPR_Registration
If you are self managing join Pims.co.uk, Richard is knowledgeable and every form you could every need is downloadable from the website. Pims doesn’t try and sell you courses. Or join NLRA.
Welcome to the world of the PRS?

https://www.gov.uk/government/publications/how-to-rent

Look at Landlord Law site – several blogs on there which will help you or buy a copy of the Lawpack book on letting and make sure it is a recent edition as the law has changed a lot recently

Note you are required to do this at the start of the tenancy so you are already in breach, I am not sure you can just do it after with no consequence

Even if it is a nice family things can go wrong. My early experience (not direct) was a lovely family but they split up and rent not paid and house damaged by angry ex-partner’s friend

Reply to the comment left by Sandra at 28/06/2023 – 08:34Being a landlord does take time, even with one property, and getting anything wrong could prove costly. Have you checked if your local council requires selective licensing? Check here to start: https://www.gov.uk/government/publications/how-to-rent

The Spla, was is the precursor to the NRLA, which is the national residential landlords Association. Just Google it and you’ll follow the links to join.

New Yorkie he has a good point. The pitfalls are horrendous and astonishingly expensive. For Example, a landlord forgot to put out the tab on a smoke detector and got fined £30,000.

You really do need to go on a landlording course and generally read up.

Good luck.

Reply to the comment left by Puzzler at 28/06/2023 – 09:03
Even a nice family can turn into a headache. A loss of job or benefits changing has previously caused me issues. A child turning 18 is an issue as they are no longer a dependant and need to be on the tenancy agreement.

Reply to the comment left by GlanACC at 28/06/2023 – 09:30
Exactly my point