Originally Posted by
m8internet
Sadly the payment terms are unregulated
So if the landlord wants three months deposit and monthly payments, or three months deposit and weekly payments, then thats the deal
However, any changes in payment terms, notice to quite, and so on, MUST be contained in the terms of contract
If they are not, then they are much open to interpretation and often dispute
I currently let out properties on either six or twelve month leases
I have a standard £500 deposit, irrespective of the monthly payments
£200 of this is returned on the day the client leaves, which includes a property inspection
After 4 weeks the remaining £300 is returned providing there are no outstanding debts or property damage
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