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NEW Deposit Scheme-Damage during tennacy

Simon Dewsberry

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It is the responsibility of the Landlord to maintain a contingency fund to keep a property in good order at all times - what will happen when a tenant breaks a large window for example and the bill is £200-£400 as happened to me recently and the bond is stuck in the "scheme" and for security of your asset you need to repair it immediately?

Further the tennant will not agree to agree the amount and you had a bad month last month and have no spare cash

How will the window be paid for as you are not holding the deposit ?

Fortunately i do have spare cash (deposits/ bonds) but what will happen when no longer have access to them?

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