34% rise in tenancy deposits since launch of deposit protection scheme

Figures recently released by my|deposits show that the average deposit in England and Wales has increased by 34% since the launch of tenancy deposit protection in 2007. The region with the most expensive average deposit is unsurprisingly London with a value of £1760.30. Yorkshire and Humber on the other hand comes in as the cheapest region with an average deposit value of £592.75.

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