Originally posted by scooterscot
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Deposits are a killer
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Doing the needful since 1827 -
Originally posted by scooterscot View PostWill be glad the 3rd month is nearly over. 3 months of deposit payable over 3 months + rent.
So if you're thinking of setting up in Munich bring £10k with you.
But perhaps this is why in Europe tenants look after rented accommodation better than they do in the UK.
It may be worth while taking out an insurance policy now against loss of deposit when you leave. That pan of soup I forgot about cost me a new ceramic hob at one place, though to be fair it only cost me a third because it was 2/3 through its rated life. Everything has a rated life from new - something like carpets 5 years, kitchens 15 years (I've forgotten the exact numbers), but you get the idea, and at the end of that time you are allowed to ask for replacements.Behold the warranty -- the bold print giveth and the fine print taketh away.Comment
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Originally posted by Sysman View PostI've never paid the deposit by installments. All up front, which means 4 months' rent down before you move in.
I decided to use the law on my side this time, every German tenant has the right to pay the deposit by instalments over 3 months.
No wonder people over here don't move much."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostWould have done the same if not for a provision which is about 2.39 x the monthly rent. So to cross the threshold you're asked for, let me think, yes 6-7 months rent down just to walk in the door or €15k.
I decided to use the law on my side this time, every German tenant has the right to pay the deposit by instalments over 3 months.
No wonder people over here don't move much.
There's a newish scheme in Switzerland to pay premiums instead of a deposit. I assume that's more expensive in the long run though.Behold the warranty -- the bold print giveth and the fine print taketh away.Comment
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The deposit I could stomach. It's the thieving Maklers I can't stand.
You want me to agree to pay you HOW MUCH for the landlords name? Thieving Fnuckers!!!Comment
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Originally posted by Sysman View PostI got off lightly in comparison. I believe my lot could have asked for more but didn't.
There's a newish scheme in Switzerland to pay premiums instead of a deposit. I assume that's more expensive in the long run though.I'm alright JackComment
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Originally posted by Pondlife View PostThe deposit I could stomach. It's the thieving Maklers I can't stand.
You want me to agree to pay you HOW MUCH for the landlords name? Thieving Fnuckers!!!
Tell me about it. They would like €5k for the landlords name. Welcome to Bavaria."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by BlasterBates View Postmentally I write off the deposit.
We've arranged a shared bank account especially for holding deposits, don't remember the deutsche name but the landlord does not have access to the deposit any more than I do until we both agree suitable costs if any.
I think it's more than fair.
One think I don't get is my agency in the UK (for my UK home which I let) told me to bog off when I said I want 3 months of deposit form perspective tenants, after all there's about 20K of stuff (furnished house) and the max I can get away with asking is one month deposit.
It's little wonder landlords home's get trashed, the tenants have nothing to loose but a stupid month deposit I pi$$ up the wall on a night out in London."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by BlasterBates View Postsince there´s very often a fight over the deposit anyway, not a bad idea, moving out is hassle free, mentally I write off the deposit.
I should have made them write it down, and taken photos to back it up.Behold the warranty -- the bold print giveth and the fine print taketh away.Comment
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Originally posted by scooterscot View PostSSsssh don't go there.
We've arranged a shared bank account especially for holding deposits, don't remember the deutsche name but the landlord does not have access to the deposit any more than I do until we both agree suitable costs if any.
I think it's more than fair.
Originally posted by scooterscot View PostOne think I don't get is my agency in the UK (for my UK home which I let) told me to bog off when I said I want 3 months of deposit form perspective tenants, after all there's about 20K of stuff (furnished house) and the max I can get away with asking is one month deposit.
It's little wonder landlords home's get trashed, the tenants have nothing to loose but a stupid month deposit I pi$$ up the wall on a night out in London.
When renting in the UK myself, I usually got thanked by the landlords when it came to time to leave. They were typically surprised to find I left the place so clean. This tells its own story.Behold the warranty -- the bold print giveth and the fine print taketh away.Comment
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