Tag Archives: mydeposits

Client Money Protection – a letting agents dilemma Guest Articles, Guest Columns, Landlord News, Latest Articles, Lettings & Management, Property Investment News, Property Market News, Property News, Property118 News

Should an Estate Agent / Letting Agent have Client Money Protection (CMP) insurance and do the General Public understand (or care about) the risks associated with dealing with an agent that doesn’t have any CMP in place? If an agent does want to implement Client Money Protection Insurance – how easy is this to do?  Continue reading Client Money Protection – a letting agents dilemma


Landlords face compulsory nationwide deposit protection Buy to Let News, Landlord News, Latest Articles, Lettings & Management, Property News

The countdown to nationwide tenant deposit protection is on as Scotland joins the scheme already running in England and Wales from July 2.

The Scottish Government has approved two more protection schemes, giving landlords and letting agents the choice of three. Continue reading Landlords face compulsory nationwide deposit protection


It’s love not war between landlords and tenants Buy to Let News, Latest Articles, Lettings & Management

Deposit protection keeper Steve Harriott is promoting a love-in between landlords and tenants over the myth that they are constantly at war over money.

After five years of tenancy deposit protection laws, only 1% of tenancies have issues over the return of deposits at the end of an agreement, revealed Harriott, chief executive of The Tenancy Deposit Scheme. Continue reading It’s love not war between landlords and tenants


Comparing Tenancy Deposit Protection Costs for Landlords Buy to Let News, Latest Articles, Property Market News

As a new tenancy deposit protection scheme opens for business, some landlords may be confused over the costs and benefits each offers.

To help compare the schemes with each other, here’s a look at the costs and some other important points to consider: Continue reading Comparing Tenancy Deposit Protection Costs for Landlords


Further Warnings to Landlords about Tenants Deposit Protection Buy to Let News, Guest Columns, HMO's & Student Lets

Following my blog The Devil is in the Detail, I want to pass on some information that will help landlords avoid being caught out.

  1. “When you protect a deposit you are asked if there is a third party who has provided the deposit.  Most of us assume that the tenant has provided their own deposit and click the NO box. But did we actually asks the tenant?”

Continue reading Further Warnings to Landlords about Tenants Deposit Protection


Frivolous it might be but I don’t fall out with my tenants because….. Guest Columns, HMO's & Student Lets, Property Investment Strategies

There have been some really interesting comments on the EU Trying To Kill Buy To Let – sign the petition to STOP it now. blog and it is great to see some new people contributing to this important discussion but I am feeling a bit frivolous at the moment and I thought that I would post on a lighter subject.

According to MyDeposits one of the main reasons that landlords stop money from a tenants deposit is to cover the cost of cleaning. This is interesting because I would have thought that damages might have come above cleaning. Mary Latham Continue reading Frivolous it might be but I don’t fall out with my tenants because…..


The Boomerang Effect for Landlords? Guest Articles, Guest Columns, Lettings & Management, Property Investment Strategies

“Respect seems to be like a boomerang in the sense that you must send it out before it will come back to you.”

I have been giving a lot of thought to the relationship between a landlord and his tenants. Many tenants have landlord stories and many landlords have tenant stories but sadly neither seem to want to tell stories in praise of the other. Why is this? Why is so there little mutual respect between many tenants and landlords? Why is there so little respect for landlords generally? Continue reading The Boomerang Effect for Landlords?


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