TDP

TDP is an abbreviation for ‘Tenancy Deposit Scheme’. This is a scheme backed by the government that makes sure tenants receive their deposits back as long as there’s no damage to the property and if they meet the terms of their agreement.

Tenancy/Rental Agreement

This refers to a legally binding document (stating rent, deposit, property address, details of the parties as well as regulations to rent) that should be signed before the tenancy begins.

Tenant

This refers to a person or company occupying a rental property bound by the terms of a tenancy agreement.

Term/Tenancy

This refers to the total period a tenant is living at a property. This includes extensions.

Termination

This refers to the termination of a tenancy.

Unfurnished

This refers to when a property only includes basic things. Here the tenant is responsible for furnishing the property throughout their tenancy period.

​​Utilities

This refers to services the tenant will be responsible (to pay) for. This includes water, electricity and gas.

Valuation

This refers to an inspection of the property that a landlord intends to rent in order to determine how much it can be rented for.

Viewings

This refers to when prospective tenants come in to look around a property before deciding whether or not to rent it.