Average increase of tenancy deposits up by 11%

The latest data published by mydeposits shows that the average residential tenancy deposit in England and Wales has increased by 11% over the last year. The figures also show that a difference between the most expensive and cheapest regions in England and Wales of £1,266. With deposits usually tagged to rental values, the figures appear to imply that demand for rental properties is outstripping supply causing pressure on the rental market.

Full story available from Property Wire: http://www.propertywire.com/news/europe/england-wales-rental-deposits-201411129808.html

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