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24
Aug
2009
People renting property for the first time have been given advice by a government-approved tenancy deposit protection service.According to mydeposits.co.uk, people entering the rental market need to know the rules in advance regarding privacy, money and deposits.This can also help landlords to maintain the smooth running of their properties and iron out any problems easily.The firm noted that landlords should be able to provide tenants with evidence that their deposits are safely within protection schemes.In addition, the company reminded both groups that landlords have the right to inspect properties - having given 24 hours notice - while tenants equally can expect to have their privacy respected.Eddie Hooker, chief executive at mydeposits.co.uk, said that people should also take good care of their homes as this makes it "much more likely to get your deposit back at the end of your tenancy".FindaProperty.com recently reported a surge in activity in the property market, which could see numerous first-time renters beginning tenancies.Get a landlord house insurance quote today from Simple Landlords Insurance.