Is it worth considering having a pet at your property? How does it affect a tenant's deposit?
It can be challenging for tenants to find a property where a landlord will accept a pet. However there are benefits, as it is highly likely that the tenant will rent for a longer term, due to the difficulty of finding such a property and agreeable landlord. We strongly recommend in such a case, to add a pet clause which will include the landlord's terms and conditions for accepting a pet living at the property. It will also affect the tenant's deposit. It is standard for a landlord to request 2 month's deposit or a higher amount than the standard deposit to cover any excessive wear and tear or damage caused by pets.
For further details please refer to the TDS (Tenancy Deposit Scheme link) which covers this topic. Please see below: