Tagged: Security Deposits

growing mortgage debt burden

Average purchase deposits on the rise

Average deposits rose in nine out of eleven regions during October according to new data from the Mortgage Advice Bureau, resulting in the average purchase deposit reaching £71,301. This represents a monthly increase of...




Missing items most common reason for student deposit deductions

Missing items most common reason for student deposit deductions

A recent study by removal firm Kiwi Movers found that 52 per cent of tenants experienced difficulties over the return of deposits on check-out.  The most common reason of items missing from the inventory...




Last quarter of 2014 sees rise in average rental deposits

Last quarter of 2014 sees rise in average rental deposits

Between the third and fourth quarters of 2014 the average deposit amount protected by mydeposits rose by 1.4%. This equates to an average tenancy deposit of £1,226, up £52 over the last year. Surprisingly...




Few UK residential tenants end up losing money from their deposit, survey finds

Few UK residential tenants end up losing money from their deposit, survey finds

Few tenants in the private rented sector in the UK end up having deposit deductions at the end of their tenancy, new research shows. Just 9% have had their landlord or letting agent retain money according...