Rental property Deposit Requirements

  Often, the first questions a new tenant asks are :

  " when do I have to pay the deposit?" 

  and

 " How much deposit must I pay?"

  On the day the lease is signed, the tenant is required to pay a months rent, plus a months

  rent as deposit.

  In some cases, if the tenant is in a difficult financial and / or personal situation, the deposit

  can be guaranteed by a local charity called Fife Key Fund.

  We accept Fife Key Fund deposits, and, if you wish to see if you qualify, please contact them

  directly on 01592 201849.

  At the end of the lease, the deposit is only returned after a full and final inspection of the

  property has taken place. In most cases, due to our regular inspection policy throughout

  the tenancy, the deposit is returned in full.

  Following the final inspection, should remedial work be required, the cost of such work

  will be taken from the deposit, with the balance, if any, being returned to the tenant once

  the work is completed.

    Relevant pages :

• Paying Rent for the house rental or flat rental

• Failure to Pay Rent by the rental tenant

•  Type of Lease if you want to rent a flat or rent a house.

•  Credit Check for rental tenant for the rental property being applied for.

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