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Accessing private rented accommodation

Accessing private rented accommodation

Do I have to pay a deposit or a bond?

The landlord may ask for a deposit or bond (usually one months rent) to cover the cost of any damage to the property which may be caused during the tenancy. If everything is satisfactory at the end of the tenancy, then the bond must be returned. It is important before you move in to go round the property with the landlord and create an inventory, this is to ensure you both agree the state of the property before you move in and will assist when asking for your bond back. The Tenancy Deposit Scheme was put in place to protect tenants bonds and ensure they are only withheld if damage is done to the property beyond fair wear and tear. All landlords must put your bond into one of three schemes and inform you where your bond is being held. Any rent increase or new agreement will bring your existing tenancy within this remit.

Do I have to pay a months rent in advance?

The landlord will almost always ask for one months rent in advance before you can move into the property. This is so you will always be in advance with your rent. If you are paying weekly they will usually ask for 4 weeks in advance. It is important to always keep up-to-date with your rent as non payment can lead to the landlord serving you notice for eviction.

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