4 months deposit
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Well, I am notifying Editor. It's up to him whether that information is to be altered!
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Originally posted by jeffrey View PostWhat I posted previously is still true. I can't help old myths re-circulating!
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What I posted previously is still true. I can't help old myths re-circulating!
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Originally posted by TNT View Postthank you, clear answer
would I have any issue to use DPS with a 4 month deposit?
https://www.depositprotection.com/We...9-c5a53d3540e4
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Originally posted by Ericthelobster View Post...which implies that the advice I flagged up elsewhere on this site is wrong or at best misleading, then. Can it be altered?
(Jeffrey!?)
See this thread (which is where that Jeffrey post came from)
http://www.landlordzone.co.uk/forums...ad.php?t=24825
And this one
http://www.landlordzone.co.uk/forums...ad.php?t=25865
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would I have any issue to use DPS with a 4 month deposit?
thank you, clear answer
would I have any issue to use DPS with a 4 month deposit?
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According to Jeffrey, the premium thing only applies to contractual periodic tenancies.
See this post
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Originally posted by TNT View Postis it legal to agree a 4 months deposit?
Originally posted by LandlordZoneThe amount of the deposit should be a maximum of two months' rent. If the deposit is more than this amount it could in theory count as a premium and may give the tenant an automatic right to assign the lease without the landlord's consent.
This eventuality of assignment should be precluded by the terms of the tenancy agreement anyway, but as a precaution the deposit should be kept below two months' rent.
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4 months deposit
is it legal to agree a 4 months deposit?
what are the implications?Tags: None
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