Paying a bond on rented accomodation

[wildone63]

When a tenant gives up the tenancy of a rented accomodation after many years of tennancy,and the bond is then repayable are they entitled to ask the landlord for an amount of cash that takes into account interest earned,inflation etc over the previous few years?

[whoami]

No.

[crofty1984]

I'd imagine not.

[soad]

Can't see it myself either to be honest

[eldar]

No, simple.

[philthy]

No.

[sinizter]

No. On the other hand, if this was a deposit held within the Deposit Protection system, then a certain amount of interest is added to the total available at the end, to be split proportionally between the landlord and tenant (depending on how much of the deposit is being returned).

[Roger645]

sinizter said:

No. On the other hand, if this was a deposit held within the Deposit Protection system, then a certain amount of interest is added to the total available at the end, to be split proportionally between the landlord and tenant (depending on how much of the deposit is being returned).

My understanding is if using one of the approved schemes the interest goes to the deposit management scheme as payment for running the scheme

[philthy]

Roger645 said:

My understanding is if using one of the approved schemes the interest goes to the deposit management scheme as payment for running the scheme

[sinizter]

Roger645 said:

My understanding is if using one of the approved schemes the interest goes to the deposit management scheme as payment for running the scheme

Did they not change the rule about 1-2 years ago, ruling that a certain amount of interest will be paid to the people depositing ?

I might be wrong, just seemed like something I read.

EDIT - Guess I was wrong!

Edited by sinizter on Sunday 8th May 19:06