Studio Flats In London

Rental Property Security Deposits

A security deposit is money payed by the tenant to the landlord to cover any repair to the property, caused by the tenant.  The security deposit should be placed in escrow by the landlord, until the lease on the property is completed.  Security deposits can vary in amounts, but are usually one month’s rent.  Some landlords charge extra amounts for tenants with pets, considering the amount of damage a pet can cause. The deposit is to be returned to the tenant at the end of the lease, provided the property is in the same condition as when it was rented.

Now, how do you protect your security deposit, and insure you will get it back?

Document the condition of the property before you move in.  Take a walk through with the landlord or property management company, and note any damage or abnormal conditions of the renal property. Take some pictures of the property to show the overall condition.  Have the landlord or property management company sign off on your notes, just in case you would need them in a dispute later. This first step can be very important.

While living in the property, if you to make any changes or improvements, check with the landlord or property management company first.  Even something as simple as painting a wall, should be cleared with the property owner first. The owner might be okay with the change, but will require you to change it back when you vacate the rental property. In addition, if you have an idea for property improvement, let the owner know what your idea is.  They might really like you idea, and provide help and materials. If any damage occurs to the rental property that is not related to the renters negligence, should be immediately relayed to the owner or property management company.  Don’t just fix the problem yourself, you could be blamed for it later.  Pets can cause lots of damage, so make sure yours is house broken.

When getting ready to move out of the property thoroughly clean the whole property.  You should try to make sure the rental property looks better then when you moved in.  Shampoo carpets, clean bathrooms (including toilets), clean the kitchen appliances inside and out, and patch any holes in the drywall.  It’s good idea to have some touchup paint to cover any marks you have made. 

Lastly, when you are ready to turn the keys back in, take another walk through with the owner or property management company.  Use the checklist you created when you first moved in, to address any issues.  If the landlord finds any problems, offer to fix the issues before you completely move out.  Make sure you give your new address, so the security deposit can be sent.  If you follow these simple steps, and treat the rental property like it’s your home, you shouldn’t have any issues with getting your security deposit back.

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Do you ever come to London working on project assignments? Or do you send teams of staff to the UK for training etc? Are you often looking for a cost-effective accommodation solution? You may find that renting a centrally located serviced apartment will be the best idea to consider.

Serviced apartments are usually located just a short distance away from the London underground, as well as the many restaurants, bars and nightlife of the city. Serviced accommodation offers the best of both worlds – most serviced apartments are larger than the average hotel room and they all have a separate kitchen and bathroom. In your apartment, you will have plenty of space to work and entertain friends or clients. Most serviced apartments offer broadband internet access for occupants. You will be able to enjoy hotel services such as cleaning whilst enjoying the privacy and freedom of your own apartment, your own base in London. Most serviced apartments are available from one night upwards.

Just off London’s famous Trafalgar Square you can enjoy staying at Citadines which has a large breakfast area where you can enjoy coffee and croissants in the morning. Embankment and Charing Cross stations are close by. You will be near the West End of London with Regent Street and Piccadilly just 15 minutes walk away. You will be able to enjoy walking down the busy bustling streets and browsing in the shops and take in a West End theatre show, being just steps away from theatreland where you can enjoy London’s vibrant nightlife.

The contemporary accommodation available is superb, much of which nestles behind the magnificent traditional facades of old Victorian buildings in areas such as Knightsbridge, South Kensington and Clerkenwell.

For the corporate traveller, London has a lot to offer. See www.gocityapartments.com  for details of over 1,000 London serviced apartments from budget studios to luxury penthouses.

For corporate employees in London on project assignments, serviced apartments offer the best of both worlds. You will benefit from spacious accommodation, as well as having a separate fully equipped kitchen where you can prepare your own meals and a bathroom. Even in a studio apartment, you will have ample space to work and entertain friends or clients and well as broadband internet access. Serviced apartments offer you the chance to enjoy the services you would expect from a hotel whilst enjoying the privacy and freedom offered by having your own apartment, your own home from home in London.

In central locations, most service apartments are just a stone’s throw away from London Underground stations and a host of restaurants, bars and the nightlife of the city.

At the Citadines just off London’s famous Trafalgar Square there is a large breakfast area next to the foyer where you can enjoy coffee and croissants in the morning. Embankment and Charing Cross stations are just a short walk away. You will be close to the West End with Regent Street and Piccadilly just 15 minutes walk. In this area, busy bustling streets are lined with shops and you will be just a few steps away from theatreland where you can enjoy London’s vibrant nightlife. You can rent a studio apartment for any length of time from one night upwards.

For the international family, there is superb contemporary accommodation available behind the magnificent traditional facades of old Victorian buildings in areas such as Knightsbridge and Clerkenwell. These provides provide a home from home for businessmen and their families on assignment to London.

For the business traveller, there are many options available. See www.gocityapartments.com  for details of over 1,000 London serviced apartments from budget studios to luxury penthouses.