Before renting your home, you might have to pay a deposit. Your landlord has to protect your deposit by a certain date, depending on when you paid it. We can help you understand.
You usually have to pay a ‘rent deposit’ to your landlord or letting agent before you can rent your home. The deposit is usually 1 to 2 months’ rent but it could be more.
Your landlord usually has to protect your deposit and put it in a deposit protection scheme until you move out of the property.
The scheme keeps your money safe and makes sure you get back what you’re owed at the end of your contract. Find out more here.
