Ritz Properties

• Visit the property, offer advice on rent, furnishing and safety regulations

• Market the property through our website, 'To Let' boards, local press and mailing lists

• Arrange viewings and find you a suitable tenant following thorough referencing procedures

• Draft a Ritz assured short hold tenancy agreement and serve any necessary statutory notices

• Complete an inventory and schedule of condition of the contents of the property

• Take meter readings and notify utility companies, the local council tax office and water company of the new tenancy details

• Collect the first months rent and security deposit, deduct Ritz  fees and forward the balance of monies to the Landlord

Click here to fill in an enquiry form

Mydeposit Protection Scheme

From 6 April 2007 all landlords must protect tenants' bonds by registering them with a Government approved scheme (see the Housing Act 2004). Joining one of the schemes is mandatory and the penalties for non-compliance are considerable.
 

Where the Landlord manages the property themselves (Let Only Service)

• Landlords have to join one of the three schemes approved by the Government in order to handle their own deposits.
• Each scheme has it's own rules which bind the Landlord.
• The Landlord has 14 days from receiving the bond to advise the Tenant where the deposit is held and to issue the Prescribed Information as defined in the Housing Act 2004. 
• Failure to comply fully will result in the Landlord being liable to a fine of three times the deposit amount, payable to the Tenant. In addition the Landlord may be ordered to repay the deposit to the Tenant with immediate effect and will lose the usual right to obtain possession under the Act.

For further information see:
www.depositprotection.com
www.mydeposits.co.uk
www.thedisputeservice.co.uk