Q. We use the DPS custodial scheme and generally nominate a 'lead tenant' which goes on the tenancy agreement. However, the tenants have said that they do not want a lead tenant but instead want to have the money paid back to them individually. Can this be done?
A. I understand that it is possible to protect the deposits for tenants individually if the tenants do not want to nominate a lead tenant. This is provided for in section 8a of the DPS terms and conditions.
Although it will involve additional administration, it is recommended for situations where the joint tenants are not family members or partners as then there can be no problems about the return of the right deposit money to the right tenant at the end of the tenancy.
Q. We are considering renting our property out on a company let. We are very happy with the company except that they seem to be unwilling to let us know whom the person that will be living in the property will be. The tenancy agreement provides for the occupiers to be one of the directors or employees of the company, but we would like to know who it is. What can we do?