Bad letting is not that common

12 January 2012

There are not that many cases of bad letting, according to an expert.

Malcolm Harrison, spokesman for the Tenancy Deposit Scheme, explained that although cases of bad letting do exist, proportionally speaking, it was not so rife in the industry.

"There is still the worry that - particularly for tenants – if you hand over a deposit, who is going to safeguard that?" he added.

"In law a deposit has to be safeguarded through one of the tenancy deposit protection schemes.

Mr Harrison went on to explain that all letting agents have a responsibility to register deposits with one of the three tenancy deposit schemes.

"It is a legal requirement," he stated. "Landlords can get muddled, don't know what to do or forget to do it."

The National Landlords Association said this month that all landlords must provide their tenants with a proper tenancy agreement, which it explained as usually being an 'assured shorthold tenancy'.

Landlords with multiple properties in one area can benefit from a self storage unit as a base for furniture, which they can easily access to move things around.

Posted by Graeme Pieterson

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