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Market Changes
You will be aware that since April 2007 it is no longer possible to request, accept or retain deposits
from your tenants to cover dilapidations arising from tenancy; unless under an approved scheme.
LetsXL introduces Zero-IN
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Removes the need for you to commit to an insured scheme
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provides for cleaning and minor costs at the end of every tenancy
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a solution to the problem NOW
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enables you to accept tenants WITHOUT DEPOSIT!
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Increased competitiveness in your area 'NO DEPOSIT REQUIRED'
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No delays in recovering dilapidation costs means no delays in re-letting the property
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Dilapidation costs paid within 10 working days
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Alternative dispute resolution provided
How does Zero-IN Work?
A tenant applicant is referenced in the usual way. If acceptable for tenancy under the already established
criteria, they pay you the agent the usual advance rental and your administration fees as they do now.
HOWEVER, instead of the tenant having to find a further deposit amount, usually the equivalent of 6 weeks
rent, they pay you a small fee to cover the cost of Zero-IN and then 6 low monthly direct debits to LetsXL.
LetsXL Zero IN is AVAILABLE NOW
LetsXL agents can download the required documentation from the Letting Agents section of the website.
Non LetsXL Agents should e-mail zeroin@letsxl.co.uk for more information
LetsXL - Delivering Support...Service...Solutions to Professionals in Property Lettings
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