Nearly 50% of tenants outright winners with Mydeposits
Disputes about tenancy deposits are raised almost equally by both sides: 48% of disputes are raised by landlords or their agents, and 51% by tenants.
But tenants stand a better chance of winning all of their deposits back, and if they were to insist on their landlord using MyDeposits, they would stand an almost 50% chance.
The finding comes in an evaluation of compulsory tenancy deposit protection five years after it became law in England and Wales.
The evaluation shows that there are marked differences between the proportions awarded across the three deposit protection schemes in the last five years, despite the fact that all three schemes apparently operate very similar adjudication processes.
Read the full story at Letting Agent Today
RentPro property management software allows you to track that deposits have been paid and then lodged with a relevant scheme. Should a dispute arise you through the ability to record details of all correspondence, inspections and any repairs or maintenance on the property you will have all your information easily accessible to assist with dealing with any dispute.