Your Deposit
You will pay a security deposit before you move into a
property. This deposit will be used to pay for any damage at the property
or any arrears which may be due at the end of the tenancy.
The deposit will be refunded at the end of the tenancy
as long as the property is returned in the same condition, apart from
fair wear and tear. North East Letting uses the DPS - Deposit Protection
Service to protect tenants deposits.
From 6th April 2007 the government introduced the tenancy
deposit scheme, which all landlords and letting agents must use as a legal
requirement when taking tenants deposits. The legislation
aims to ensure that tenants who have paid a deposit to a landlord or letting
agent and are entitled to receive all or part of it back at the end of
that tenancy, actually get it.
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