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Landlord Bond Claim

The laws of the land are very strict in case of the tenants staying in any place of Wales or England.

Moreover, you will not find any discrimination in this law, irrespective of the town, city or village. A landlord bond claim refers to the bond signed between the landlord and the tenant at the beginning of a tenancy. Furthermore, you need to read all the terms and conditions before putting in your signature. It is to confirm the consent of the landlord to follow all the rules of the tenancy.

There is a stable system of tenant deposit claim. It refers to the rules of protecting the tenant’s deposit amount by keeping it in a safe scheme. The most popular schemes are the deposit protection scheme and tenant deposit scheme. Now, it is at the discretion of the landlord which one to opt for. Moreover, the tenant can also discuss the repayment styles that the landlord wishes to adopt.

Failing to safeguard the deposit can make the landlord face court cases. It is legal on the part of the tenant to file a suit against a defaulting landlord or agency. Thus, learn about the correct method of the deposit protection scheme claim to win the court cases.

Procedures To Claim The Deposit

Everything has a specific way to achieve the target. Just like you have a proper law for deposit protection claim, there is a technique for claiming tenancy deposit back. In the UK, you have to possess complete knowledge about all the government-approved plans for safeguarding the interests of the tenants.

Form N208 is the required form for filing a suit against the landlord to claim the deposit amount. This theory is also known as the landlord bond claim. You can go for this option only when there is a breach of any condition on the bond. You have to give a declaration in the said form about filing a case as per the provisions of the Housing Act 2004 (Non-compliance with Tenancy Deposit Scheme) under sections 213 and 214.

However, only submission of the form will not be enough. You must give proper evidence after stating the actual reason for filing such a case against the landlord. A clear explanation of the bond conditions and the deviation from the same are necessary to intimate the court.

As per the general rules, the landlord and the tenant will come to a mutual understanding about how much to get back from the deposit. The pre-decided amount must reach the tenant within ten days. However, if there is a proceeding going on, this amount will stay safe as per the Tenancy Deposit Scheme.

Forfeiture Of Deposit

It is not that the laws of England are only in favour of the tenants. There are equal laws for the benefit of the landlords also. Of course, you can opt for the deposit protection claim if necessary. However, the landlords also have the right to forfeit the deposit. If any damage to any furniture or any item goes missing, they have the full right to deduct the amount from the deposit. Moreover, in case of disagreement with the valuation, you can check that yourself.

Conclusion

The laws for the tenants are impressive in England. Furthermore, it is applicable for both the agencies and the individual landlords. Follow the legitimate process for the tenancy deposit compensation claims to minimize your losses. The landlord cannot avoid the duty to protect your deposit. Hence, you must apply the legal right to ensure that your deposit is absolutely safe. Check the time mentioned in the bond and claim accordingly.

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