tenants Archives - Vouch

Traditional Deposits vs. Deposit Replacements – what’s the difference?

Deposit replacements have been around for a while, but they started becoming popular back in 2019 when the Tenant Fee Ban was introduced which prohibited landlords and letting agents from taking more than 5 weeks’ rent as a deposit (where total annual rent is less than £50,000). Initially, landlords and agents were sceptical about using […]

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