{"id":1688,"date":"2012-07-11T09:00:26","date_gmt":"2012-07-11T09:00:26","guid":{"rendered":"http:\/\/blog.legal4landlords.com\/?p=1688"},"modified":"2012-07-11T09:00:26","modified_gmt":"2012-07-11T09:00:26","slug":"tenancy-deposits-dont-work","status":"publish","type":"post","link":"https:\/\/dev.withcreative.co.uk\/lforl\/tenancy-deposits-dont-work\/","title":{"rendered":"Tenancy Deposits Don\u2019t Work"},"content":{"rendered":"
\"Landlords<\/a>

Landlords and Tenants Claim That Deposits Don't Work<\/p><\/div>\n

40% of all UK Private Rented Sector (PRS) tenants have reportedly lost some or all of their rental deposit at the end of a tenancy, but landlords aren\u2019t winning either, says a new report.<\/p>\n

The total amount lost per person averaged \u00a3313 (GBP) according to a new survey conducted by online property portal – FindaProperty.com.
\nThe report highlighted a breakdown in communication between landlords and tenants and cited them as the key reason for problems, with 20% of tenants claiming damage was caused by previous tenants.<\/p>\n

Sim Sekhon of landlord specialist service provider Legal 4 Landlords<\/a> said: “It’s vital that landlords conduct proper tenant referencing<\/a> prior to sitting down with approved tenants and getting them to read and agree to all clauses and stipulations in their tenancy agreements (AST) before signing it and tenants should review it throughout the term of their rental contract, especially when it comes time to move out of the landlords rental property.”<\/p>\n

The research uncovered the most common reasons why tenants do not get the full amount of their deposit back as<\/p>\n