Monday, 2 September 2019

Deposit Cap Means Renters Could Be Owed Refund


Renters in England could be in line for one-off payments of £117.90 on average if they renew their tenancy, Generation Rent analysis reveals. But as tenants who move must find a new deposit before getting their existing one back, the campaign is calling on the government to free up more of tenants’ cash before they move to make the process less stressful. With the government call for evidence on tenancy deposits closing this Thursday (5th Sept), Generation Rent is calling on ministers to enable renters to access some of their deposit to put down on a new home once the final month’s rent is paid. Read more on 24housing.


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