Help with Deposits
Landlords require a deposit to protect their property during your tenancy. They can only charge for any cleaning, damage or issue that goes above normal wear and tear. This will be assessed at the end of your tenancy, with the aid of a detailed inventory. The deposit can also be held against non-payment of rent.
The majority of our tenants apply for a paper Rent Deposit Bond so no actual money changes hands when setting up the tenancy. The Rent Deposit Bond is issued by Powys County Council, or our partners Pobl, and will cover arrears and damages up to the amount of the Bond. The landlord can claim at the end of the tenancy if there are rent arrears or property damage. In the event that the Council has to honour this bond, any associated costs will be charged back to the tenant.
Alternatively, if the tenant pays a cash deposit, Deposit Protection legislation is adhered to by Red Kite Lettings to keep your money safe. We also offer support to all tenants, for as long as they need it, to keep their tenancy running smoothly.