Over £1bn Of Tenancy Deposits “At Risk”

New research has revealed that a possible 1,500,000 renters could be at risk of losing their deposits believing their bond has never been placed in a deposit protection scheme. The survey, carried out by price comparison website, Comparethemarket.com, has suggested that renters in 33% of the UK’s 4.5m rented homes think that their landlord has not placed their money into a compulsory deposit protection scheme (DPS). This equates to in the region of £1,200,000,000 of deposits which could be unprotected. Read more on the propertyreporter website.

http://www.propertyreporter.co.uk/landlords/over-1bn-of-tenancy-deposits-at-risk.html