The Top Reasons for Resident Deposit Deductions
July 26, 2012
Deposits are important as they provide a measure of protection for the landlord from damages incurred to their property during a tenancy. What must be remembered is that a deposit is not a payment and a tenant, upon exiting the residence, should try to receive back as much of it as possible.
Landlords and Letting Agents would rather not take money from a Tenants deposit, as this means everything was fine upon the end of the tenancy. If a property is not in a good state, due to the tenant, then the costs to make the property ready before a new tenant moves in will fall upon the previous tenant.
There are a number of reasons why an agent or landlord would take part of a tenants deposit and I am here to provide few of the examples of regular deductions so that tenants can try to avoid having to pay them.
Most deductions are made not because the tenant was a bad tenant but because they did not know what was expected of them when they left a property.
The main deduction is usually made to pay for cleaning. At Young London we request that all properties have been cleaned to a professional standard by the previous resident so that they are ready for the next occupant. Getting a professional cleaner in is definitely the answer as they will do everything including; deep cleaning the oven, cleaning inside washing machine drawers, removing limescale from bathroom fixtures and a vast number of other difficult cleaning jobs. A professional clean is not the same as what people would do tot heir homes on a regular basis, it is so much more! If a resident wants to do it all themselves then a good idea would be to speak to their agent or landlord to see what is expected so that the property is ready for the next resident. Online guides can be a great place to look for tips and hints on how to achieve this.
Another regular reason for deposit deductions is if, at at the check-out, there are items missing or broken which are included in the inventory provided at check-in. If this is the case then money will have to be deducted to pay for the replacement of every item. It is very important for residents to thoroughly go over their check-in report as this will detail all items provided by the landlord and these all should be in the property and in a good working order. If a resident breaks or loses an item then they should speak to their landlord or agent about replacing it.
Upon the end of a tenancy it is important for residents to remove all of their belongings from the apartment. If there are items left behind after check out, and the tenant still wants these items, then a charge will have to be levied for their removal and storage. When leaving a property make sure nothing you want to keep is left behind. For reference we have produced a handy guide on how to prepare for a smooth exit.
A big thing that residents should be mindful of is that deductions will be made for any damage above fair wear and tear. Examples we have come across have been when residents have pulled wardrobe doors off, damaged the furniture, scratched floors or stained carpets. If you are unsure what constitutes fair wear and tear then speak to your landlord or letting agent, they should be more than happy to help clarify their stance.
To help people avoid unnecessary deductions to their deposit Young London send all vacating residents a letter detailing their obligations for the end of the tenancy. This letter explains everything from reminding them to ensure all light bulbs are replaced to arranging a cleaning.
Lastly the best way to look at the whole situation is that you should leave a property just how you would like to find it when you move in!