3 Years Running: Buy-To-Let Legal Services Award
Deposits on rental properties can pose a real challenge for landlords and tenants when it comes to deposits on rental properties. With more and more legislation which landlords have to adhere to for holding tenant deposits and the increasing cost of living which may mean tenants are struggling with the upfront cost of a deposit, it is time for a change.
Smart Deposit is a warranty product which benefits both the landlord and the tenant. It allows the tenant to move into a property without having to find a large, sometimes unaffordable upfront sum and it covers the landlord for damage to the property AND unpaid rental.
Tenant Benefits
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With Smart Deposit, no deposit is required. And it is totally legal. Your tenant pays a fee which is for a policy that covers damage to value of two monthsʼ rent. It also means no lumpy up front costs for your tenants, making it easier to move in.
Landlord action was set up by landlords for landlords with problem tenants. That is, tenants who are in rent arrears or break some other part of a tenancy agreement. Landlord & tenant law is a specialist area and we found solicitor charges were too much and too vague. When you have a bad tenant you want to evict them fast. Any landlord would want a bad tenant out. they want advice and help with the law. And that's what we do. We are experts in this area and unlike solicitors, we only act for landlords, never tenants. And we'll help recover the outstanding rent. Our free advice line is open to all landlords and we have carried out thousands of evictions.