Deposit
- Most landlords ask for a deposit, usually equivalent to one months rent but should not exceed two months' rent. This is to cover any damage to the property or its contents, and to cover any outstanding bills at the end of the tenancy.
- You should get it back at the end of the tenancy, as long as there is no damage and the bills have been paid.
- If you rent from a private landlord then a tenancy deposit scheme is where your deposit will be held for the length of your tenancy. The tenancy deposit schemes are run by independent companies which are approved by the Scottish Government.
- If you are renting through an agent you should note that it is against the law for them to ask for fees e.g. to register with them, administrative work, credit/reference checking.
- If you are finding it difficult to raise a deposit Dundee Homefinder Service may be able to help.
Rent
- Rent is usually paid monthly in advance.
- Most landlords will ask you to set up a standing order payment through you bank account.
- If you do pay by cash or cheque make sure you get a receipt and keep it.
- Depending on your circumstances, you may be able to claim some help towards your rent in the form of Universal Credit or Local Housing Allowance from the council.
- Remember, if you have agreed to take a property on a fixed term, and you leave early, you probably will be charged for the full term, unless you can come to an agreement with the landlord. The introduction of the new Private Residential Tenancy, on 1 December 2017, means that there are no longer fixed terms.
- If you are finding it difficult to meet your rent payments, get in touch with your landlord straight away.