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Tuesday, May 07, 2013

Deposit Disputes - latest ADR figures

The Deposit Protection Service now holds the deposits of over 335,000 landlords according to their latest press release. Despite these impressive numbers only 7,400 cases end up in dispute last year with the landlord and tenant disagreeing over the amount of deposit to be returned and this being dealt with under the Alternative Dispute Resolution Service (ADRS).  That's impressively low.  It equates to approximately only 2% of all deposit repayments.

Landlords & tenants are reasonable people

Does these figures offer some insight into the relationship between landlords and tenant in that most of them are pretty reasonable and honest people who actually don't need a hugely expensive arm of government sitting over them to manage their affairs.  Actually when left to their own devices landlords and tenants just get on and sort things out fairly and amicably.  This is probably NOT what some politicians want to hear.  After all their message to you is that you NEED them to protect us from ourselves.  In reality, I would argue we do pretty well without them.  Wasn't it the politicians that were meant to protecting us all from a banking collapse.  Nice work guys... but just leave us alone.

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