£4.5bn Still Tied Up In Rental Deposits

According to the latest estimates, there is still around £4.5bn of cash tied up in rental deposits and in these challenging times, many tenants could really do with the extra cash, being placed back in their pockets. Whilst the UK Government has taken a number of steps to help families tackle the potential economic damage caused by the coronavirus, including mortgage holidays for those who might struggle, millions of rental households in the UK market could suddenly find it incredibly hard to manage basic financial obligations such as paying rent or bills. Read more on the Property Reporter website.

https://www.propertyreporter.co.uk/landlords/45bn-still-tied-up-in-rental-deposits.html