How to Speed Up Tenant Referencing

A guide to tenant referencing for tenants

Tenant referencing checks may seem like a long and daunting process, but there is nothing to worry about as long as you are honest when filling out the details.

Tenant referencing helps the landlord learn more about your financial situation and employment status so that they can determine if you’ll be able to pay the rent in full and on time. Being referenced shows that the landlord is professional and takes their responsibilities seriously. Continue reading “How to Speed Up Tenant Referencing”

Deposit Protection Schemes: a Guide to Custodial & Insured Security Deposits

How security deposits work and how to protect a tenancy deposit legally

Two Kinds of Deposit Protection Scheme

There are two kinds of scheme that landlords can use to register a rental security deposit: custodial and insured.

The main difference between them is simple. Under a custodial scheme, the money is held by the scheme provider; under an insured scheme, the landlord can keep the money in their own bank account during the tenancy.

Continue reading “Deposit Protection Schemes: a Guide to Custodial & Insured Security Deposits”

The Difference Between Holding Deposits, Security Deposits and Agency Fees

Confused about rental fees? There’s holding fees, security deposits, a month’s rent up front, admin fees… and that’s all before you’ve even managed get your hands on the keys!

For tenants, it can feel like all parties are trying their best to extract a share of your hard-earned cash.

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