15
Jul
Landlords given wear and tear advice about properties to rent
Landlords with properties to rent have been given wear and tear
advice to ensure that they do not lose money at the end of each
tenancy period.
Mydeposits.co.uk has released its Wear & Tear - When Is It Fair
guide to help landlords determine how to judge what damage can be
expected from renting out properties and what should be
penalised.
Eddie Hooker, chief executive of the website, said: "We have worked
with landlords and our in-house disputes team
The guide offers advice on how to determine the difference between
wear and tear and "actual damage".
It is aimed at reducing the chance of a dispute when a tenancy
arrangement comes to an end.
Mr Hooker added that this document will benefit landlords as "wear
and tear is always a hot topic of debate".
Moneysupermarket.com also encouraged landlords to take out
insurance, which can cover them in situations such as tenant
default and loss of rent.