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DepositA deposit is normally paid to the landlord or agency before you move into the property. Although there is no legal limit on the amount of a deposit, the most common amount is one or two months’ rent.
A Tenancy Deposit Protection Scheme (TDPS) was introduced in April 2007 along with subsequent regulations which significantly improves tenants’ rights and ensures that their deposits are not unfairly withheld.
Student tenants, like any other tenant should:
The scheme only applies to assured shorthold tenancies and not, for example, to assured tenancies or licenses.
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Page last updated on Friday 19 February 2016 at 3.34pm.
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