Private renters in England and Wales are missing out on
£80m per year in interest on their tenancy deposits as landlords and letting
agents are “help themselves”, new research reveals. Analysis by Generation Rent
and a University College London (UCL) academic calls on the Government to
reform the deposit protection system to:
·
Make the funds available to invest in building
new homes
·
Give renters a return on their money while it is
locked away
·
Enable renters to transfer part of their deposit
between tenancies
Read more on 24housing.
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