Government Call For Evidence On Reform Of Deposit Protection

Secretary of State James Brokenshire MP has announced a call for evidence on tenancy deposit protection in England. The call for evidence seeks to understand the barriers tenants face providing a second tenancy deposit when moving from one tenancy to the next and looks at what can be done to speed up the return of deposits to tenants at the end of the tenancy. The Government will look at whether existing initiatives to address deposit affordability are meeting tenants’ needs and whether the market can offer improved products. It will also explore innovative approaches that could be taken to help tenants move more easily, including allowing tenants to passport their deposit between tenancies. Read more on the ARLA website.

https://www.arla.co.uk/news/june-2019/government-call-for-evidence-on-reform-of-deposit-protection/