A total peace of mind! We guarantee your deposit will be safeguarded...
Share:
When you rent a property from Cross & Prior, you know that your deposit is safe. We ensure that your deposit is protected throughout your tenancy under the Government scheme at no additional cost, and is returned promptly at the end of the tenancy.

Many private tenants give their landlord or letting agent a deposit against possible       non-payment of rent or damage to the property. When a tenancy comes to an end,        there is usually no disagreement about the deposit return, but sometimes there is,       and this can cause much hardship an inconvenience to both tenant and landlord.

In April 2007 it became law that all assured shorthold tenancy deposits received       by landlords and letting agents are required to be protected in a Government -       authorised tenancy deposit scheme, and that disputes about the deposit return       are resolved swiftly, inexpensively and fairly.

How does the deposit protection scheme work?
At the start of the tenancy       You pay your deposit to your landlord or letting agent.       Within 14 days the Landlord or letting agent must provide you        with certain information about the deposit -         »    An explanation of the purpose of the deposit        »    The authorised scheme that they use       »    How your deposit is returned at the end of the tenancy       »    What to do if there is a dispute	Recording the property condition       It is expected that the landlord or letting agent       will produce an inventory including photographs.               The inventory acts as a record of the condition       of the property at the start of the tenancy.       If you are not provided with an inventory you       should produce your own photographic record       and send a copy to the landlord or letting agent.
At the end of the tenancy       It is in the best interests of all parties to agree how the deposit       is to be repaid, so that everyone receives the funds due to them       as quickly as possible.       If there is no dispute between you and your Landlord the deposit       will be divided as per your agreement. The regulations state that       this must be done within 10 days of the tenancy ending.	If a deposit dispute arises       If you cannot agree with your Landlord or letting       agent as to how much of your deposit should be        withheld, then the two parties have the right to       go to alternative dispute resolution.       This service is provided free by the scheme       protecting your deposit.

Share: