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In Wales and Northern Ireland there isn't a formal cap but renters usually pay one month's rent as a tenancy deposit. In Scotland, the limit is no more than two months' rent. Your landlord will decide ...
But for most types of tenancies, they have to follow strict rules to handle your money responsibly – namely by placing it into a deposit protection scheme. Given that the cash you hand over at the ...
Landlords must put their tenant’s deposit in a government-approved tenancy deposit scheme if they are renting out their property on an assured shorthold tenancy that started after 6 April 2007.
The deposit must be submitted to a tenancy deposit scheme by a landlord or agent within 28 days of receiving it. This is an increase from 14 days. Similarly, landlords or letting agents can now ...
It could also help tenants have to take their case to the Tenancy Deposit Scheme (TDS). Kelly says it is "incredibly important" for tenants to undertake a full check of the inventory for their ...
‘If we go down that route, which the Law Commission is expected to recommend, it may be possible to consider the tenancy deposit scheme in parallel. One approach that we have been exploring in the ...
Tenants in Northern Ireland can no longer be asked to pay a deposit of more than one month's rent, according to new legislation. It is one of six new protections for renters that came into effect ...
Landlords must put their tenant’s deposit in a government-approved tenancy deposit scheme if they are renting out their property on an assured shorthold tenancy that started after 6 April 2007. A ...