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Rent and Tenancy Deposits

 

 

Rent

 

You should agree with the landlord the rent and arrangements for paying it before the tenancy begins. The details of your rent should be included in the tenancy agreement. If the tenancy is for a fixed term, the agreement should say either that the rent will be fixed for the length of the term or that it will be reviewed at regular intervals. During the fixed term the landlord can only put the rent up if you agree. If you do not agree he will have to wait until the fixed term ends before the rent can be raised.

A landlord must give at least a months notice of the increase if the rent is paid on a monthly basis or a weeks notice if the rent is paid weekly.

A shorthold tenant can apply to a Rent Assessment Committee to set a rent at the beginning of the tenancy if they consider the rent being charged is significantly higher than comparable rents in the area. A tenant, however, can only apply to the committee once within 6 months of the start of an original tenancy. An application cannot be made if the original tenancy has ended and been replaced or more than 6 months have elapsed since the original tenancy began.

The landlord is only legally obliged to provide a rent book if the rent is payable on a weekly basis but it is a good idea to try to get a receipt for any rent paid which is not being entered in a rent book as this can avoid disputes later.

 

Bonds

 

Landlords usually ask their tenants to pay a bond at the start of the tenancy. The bond is security against damage to the property and contents or if you do not stick to the terms of your tenancy - such as not paying your rent.

Your landlord should provide you with an inventory of the property. This should be a full list of fixtures and fittings, such as furniture, pinpointing the condition and decoration of the property. Ensure you go with your landlord and note and agree, at this stage, the condition of the property. This is very important as it will save any dispute between yourself and the landlord regarding the bond at the end of the tenancy.

Contact us

For further information please contact:

Tenancy Relations Officers
0191 433 2660 / 0191 433 2801 / 0191 433 2574