Rent deposit complaints rocket 86% in two years

Housing charity Shelter is urging renters to make sure their deposits are correctly protected after an 86% increase in complaints during the last two years.

Nearly 3,300 calls were taken on this issue in the past year.

Complaints about private tenancy deposits now take up 5% of the charity’s total workload.

The report claims that despite a government protection scheme being introduced in 2007, awareness from the general public remains low. The average deposit for private rented properties is now £979.

Shelter claims that problems with deposits cause unnecessary stress for tenants, push people into debt and make it financially difficult for tenants to fund a move to another property.

Read the full story at MortageSolutions

RentPro property management software allows you to track deposits are paid and lodged with the protection scheme you are using, within RentPro you can even keep your tenants up to date with the ability to email or send them text messages.

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