Tenancy Deposit Schemes: Don’t bank on it

Sarah Dawe explains why changes in the tenancy deposit scheme rules are not all bad news for landlords, but watch out for the transitional provisions ‘The legislation governing tenancy deposit schemes was amended by the Localism Act 2011. While some of the changes are landlord-friendly, the rules have also been tightened up to eliminate a …
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Landlord And Tenant Update: Tenancy deposit schemes

Shanna Smith reviews two Court of Appeal decisions which appear to have put another nail in the coffin of such schemes ‘Many tenants devised their own ways to protect their financial position, including failing to pay their final month’s rent thereby forcing the landlord to use the deposit to make up the shortfall.’Picture the scenario: …
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