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Showing results for tags 'deposit'.
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www.theguardian.com/politics/2018/apr/02/pay-all-uk-25-year-olds-a-10000-inheritance-says-thinktank Hand money out. Ignore the student loan, give them cash so they can borrow even more. Is there any sanity?
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http://www.marketoracle.co.uk/Article60312.html While many of the record low mortgage rates launched on to the market are reserved for those with a sizeable deposit, the latest research from moneyfacts.co.uk shows that the higher loan-to-value (LTV) market is going from strength to strength, seeing not only a significant drop in rate but also the number of two-year fixed rate deals on offer hitting an all-time high.
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Ok, checked out out of a rental recently, where my family and I (2 adults plus 3 year old child) have lived for 2 years. The agent's inspector conducted a 'Schedule of condition' /inventory report when we moved in and one recently when we moved out. The inspector, who has apparently received training from both the DPS and the APIP (me neither, the Association of Professional Inventory Providers) gave a summary stating the property is in a good clean condition commensurate with that when we moved in, with a few minor marks to the walls. There is a section which asks whether any cleaning to the carpets, Windows or anywhere else is required, which has been filled in as 'n/a'. There then follows a detailed room-by-room breakdown where any issues are noted in more detail, with photographic evidence. In the more detailed breakdown a couple of minor cleaning issues are noted along with maintenance stuff for the LL. The report runs to 23 pages, although is mostly pictures with a couple of comments. So, the Landlord is apparently unhappy with the report and wants additional cleaning done to a few parts and thinks some damage has been caused. Seems they are unwilling to accept the agent's inspector's report, despite the agent trying to persuade them to leave it. I also sent around 150 photos to both agent and owner upon leaving the property and prior to the report being compiled. I called the DPS for some advice and although helpful they seemed slightly bemused by the situation and suggested I call Shelter. Has anyone had to rely on a checkout report from an agent in order to defend themselves against a claim on the deposit made from the same agent..? The agent is the entity listed on the deposit paperwork so it would be them who would make the claim on behalf of the LL I suppose. Agent is refusing to release our deposit for now, we have officially requested it via DPS. How do I protect myself against this stuff? I don't really want to go through the dispute process but seems like it will be happening. What are the prospects for the deposit to be returned in full? I guess the fact the inspector has had DPS training would surely give their report some credence with the DPS.
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Hi, my now ex-landord has well screwed up, not having protected my deposit for 7 years. I've got the deposit back, but there is still the issue that for 7 years it was not protected. So two questions: - any ethical reason I shouldn't take him to the cleaners? - has anyone used one of those no-win no-fee solicitors advertised on the internet (e.g. http://www.depositrecoveryclaims.co.uk/)to get compensation for lack of protection?
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I recently moved out of my apartment after 3 years (13/07/2012 - 04/08/2015) and found out that the agency failed to pay my deposit into a protection scheme. Although they have assured me they will repay me, the 10 days they would normally have to repay the deposit has passed (10 working days will be on Wednesday the 19/08/2015). As my deposit wasn't secured I don't know what my recourse is to recover it. From what I understand it is illegal not to secure the deposit within 30 days of the start of the tenancy. What are my options ? Any help would be very much appreciated, regards Andy
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I recently moved out of my apartment after 3 years (13/07/2012 - 04/08/2015) and found out that the agency failed to pay my deposit into a protection scheme. Although they have assured me they will repay me, the 10 days they would normally have to repay the deposit has passed (10 working days will be on Wednesday the 19/08/2015). As my deposit wasn't secured I don't know what my recourse is to recover it. From what I understand it is illegal not to secure the deposit within 30 days of the start of the tenancy. What are my options ? Any help would be very much appreciated, regards Andy
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It has taken 67 days for my letting agent to get my damage deposit protected under a Tenancy Deposit Scheme! They should have done so within 30 days. I started my tenancy on 6th of March. Failure to do so could result in a fine to the landlord or letting agent of up to three times the value of the deposit. Furthermore, until a deposit is protected, the landlord is unable to serve me notice to leave under s21 of the Housing Act 2004. Never mind, it only took a trip to the Citizen's Advice Bureau and 2 'recorded delivery' letters to get the deposit protected! First letter to the letting agent reminding them of their obligation. Second letter to a Property Ombubsman explaining the situation (+ enclosed copy of letter to LA). I didn't realise that from October 2014, all lettings agents must be registered with one of three redress schemes. This is a another example of the ineptitude of lettings agents, who are very much fair game on HPC. Power to the People!
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Hi all, I am about to go to court to get back the last part of my deposit from my previous landlord. Moreover he did not protect it! These are few clarifications I need before proceeding: - As the claim will be about getting back the outstanding part + deposit not protected, MCOL said the online claim is not appropriate in this instance. It is true? - In my case is the N 208 the best form? Shelter says it is. I read that most of county courts accept N 1. As I am claiming firstly the outstanding part of the deposit, is the N 1 the appropriate one? - The law says there is the possibility to have up to 3 times the amount of the deposit if it is proved that the landlord has not protected the deposit using a valid TDP. What amount I should claim? £ 3,000 each anyway? The fact that we are waiting for the last part of the deposit (£ 270 only) can be an issue? Thanks!!
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http://www.barclays.co.uk/Mortgages/FamilySpringboardMortgage/P1242627640100 The helper then puts 10% of the purchase price into the Helpful Start Account This means we can offer the homebuyer a 95% mortgage, with them only requiring a 5% deposit BOMAD helps you fund your deposit T