How do I get rent deposit back? by Finance News Bulletin

Published: 25/11/07

We have moved from a house we were renting but the letting manager will not answer my letters asking for our £1,200 deposit to be returnedThe owner of the house has confirmed by correspondence she is happy with its condition and asked the agents to refund it What more can we do PS, KentSimon Lambert, mortgages and homes expert at This is cash, replies: Deposits have long been one of the major bugbears of the private hire market for tenants and landlords similar

Tenants fear losing their deposits due to unscrupulous behaviour by a alternative of landlords or agents Meanwhile, landlords and agents fear the alternative of tenants who damage properties beyond the value of their deposit or withhold the last month's rent in anticipation of forfeiting the putHopefully from April 6, the state of affairs will be improved by new Tenancy Deposit Protection rules Landlords or agents must symbol up to either a deposit holding or deposit insurance scheme, and tell tenants within 14 days of captivating their deposit

The schemes will then give access to an independent adjudicator who will mediate and settle any disputesUnfortunately for you, the new rules be relevant only to new assured shorthold tenancies in use out from 6 April However, you can take action against the letting manager, especially if you have the property owner's hold upFirst, check to see if the letting agent is signed up to any professional bodies, such as the Association of housing Letting Agents or the National friendship of Estate Agents

If so, you should inform the letting agents that you will be coverage them to their deal body for withholding your deposit and hopefully they will return it to you Should they fail to do so, the deal organisation will investigate their behaviourIf the agent is not a member of a trade corpse, obtain a copy of the correspondence from the property owner stating that she is happy with its condition and needs the deposit returned You can then get in touch with your local Trading Standards office and ask for their assist

Failing this, your final course of act may be the small claims court – it is relatively simple to make a small maintain and can be done over the internet For advice read This is Money's guide to making a small claimpropel a correspondence recorded delivery requesting return of the deposit within 14 days, stating that if this is not done you will contact a solictor to get well the deposit and costs incurred (perhaps send a copy to their skull office) That's what I did when I was in the same situation

I got a call the day the correspondence arrived apologising for the delay, with the manager offering some pathetic excuse about it takes a long occasion for the cheque to be issued I got the cheque a day or two afterwardSelect a loan word 12 months (1 year) 24 months (2 existence 36 months (3 existence 48 months (4 existence 60 months (5 existence 72 months (6 existence 84 months (7 existence 96 months (8 existence 108 months (9 existence 120 months (10 years)Please choose a type of insurance Life insurance Home and inside Car Breakdown services Health - medical Health - dental journey Pet - dog Pet - cat GOThinking about investing in property This is Money has the most excellent

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