78% of withheld deposits are due to cleaning issues

Statistics recently released by my|deposits showed that where a landlord retained part of a deposit, 78% did so to pay for cleaning issues after the tenant had left the rented property. Damage to property, furniture and carpets were other key … Continue reading

Average tenancy deposit on the rise

According to my|deposits the average tenancy deposit has increased by £125 from £985 to £1,110 in the past twelve months. “With rents continuing to rise, landlords and agents are understandably taking larger deposits to help protect their investments. The increase … Continue reading

my|deposits recommend video inventories

The tenancy deposit protection scheme operator my|deposits has recognised the value of good quality dated video evidence. It goes on to recommend landlords use video inventories to help protect their rental property investment. Their latest Guide for Landlords explains “video inventories are … Continue reading