Guide for Landlords 11
The deposit
We take a security deposit equivalent
to six weeks’ rent to protect you against
non-payment of rent or damage caused by
your tenant. Under the provisions of the
Housing Act 2004 it may be illegal for you
as landlord to hold a tenant’s deposit unless
you have individual membership of an
approved scheme. However, with Hamptons
International holding your tenant’s deposit as
stakeholder, you are fully compliant with this
legislation as we are members of the Tenancy
Deposit Scheme for regulated agents (TDS).
Some corporate tenants may ask that you
accept a letter of guarantee in lieu of a
monetary deposit. We will advise you on a
Pre-let service
case-by-case basis if this should happen.
We offer a pre-let service, which ensures that
the property is ready for tenants to move in by
The inventory
arranging:
A comprehensive inventory provides an
independent record of the condition of your
• Landlord’s Gas Safety Record
property at the start and end of a tenancy. It
• Portable Appliance Test
forms the basis of any claim you may need to
• Inventory report and check in make on your tenant’s deposit – the absence
• Professional cleaning
of an appropriately produced inventory may
prejudice your claim or result in it being
rejected completely.
References
In assessing a prospective tenant’s suitability
Different arrangements are sometimes made
we gather references using a specialist agency,
where the tenant is a company rather than an
and standard checks of financial, employment
individual – we will advise you accordingly at
and previous tenant history are made where
the time if this becomes relevant.
applicable.
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