9 May

Deposit guidelines for houses to rent in Manchester 'long overdue'

Deposit guidelines for houses to rent in Manchester 'long overdue'

Buy-to-let investors with property to rent in Manchester may benefit from a new guide to tenancy deposit schemes and inventories.

The new Guide to Tenancy Deposits, Disputes and Damages is the result of a collaboration between mydeposits.co.uk, the Deposit Protection Service (DPS) and the Tenancy Deposit Scheme (TDS).

According to LettingFocus.com, the guidance has been needed for a "long time" and will benefit those with houses to rent in Manchester and across the UK.

David Lawrenson, a buy-to-let and private rented sector expert for the property consultancy site, believes the publication will help address the "drift" in terms of what is required from a tenant and from a landlord when it comes to inventories.

He explained: "The new guidelines appear to have clarified this a little and suggested some sensible things that landlords who choose to do inventories themselves can do to protect their position."

It is good that the guidelines have been published, but they are "long overdue", he added.

Last year, 23 social housing associations in the city signed up to a set of common standards to improve the quality of property to rent in Manchester, working in conjunction with the city council.ADNFCR-1222-ID-800524708-ADNFCR

Cookies We use cookies to ensure that we give you the best experience on our website. To find out more about our cookies policy, see our cookies policy here or in the footer.