Deposit cap keeps over £100 in renters’ pockets

Finding the money for the deposit on a new tenancy can be extremely difficult for many private renters. Not only does this make the cost of moving even more stressful but it also makes it harder for tenants to move out of an unsuitable property and puts tenants who face eviction at risk of homelessness.

But the good news is that the cap on deposits introduced in June 2019 means renters now have an average of £113 more in their pockets.

The cost of unwanted moves

Moving home is expensive – it’s even worse when you have no choice in the matter. Unwanted moves are costing private renters in England £229m per year.

The holiday let boom is causing a crisis for local renters

A sharp rise in properties being let out as holiday homes, has meant that renters around the UK are being priced out of their own local communities, our latest research has found. And renters in Scotland, Wales and the South West of England are the worst hit.

You may have more protections than you think

The ban on most evictions was lifted this week and the notice period on Section 21 evictions has been reduced from 6 months to 4 months. But if your landlord has failed to provide you with certain documents you could be protected from eviction – up to three quarters of renters, according to our latest research.

Our new research has also revealed the lack of knowledge about rights among private renters, which the first Renters’ Rights Awareness Week, taking place on 14-20 June, aims to change.

Thank you for your support

From the team here at Generation Rent we wanted to say that we couldn’t have run the Renters’ Vote campaign without you.

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Individual Advice

Generation Rent can’t offer advice about individual problems. Here are a few organisations that can:

You might also find quick but informal help on ACORN’s Facebook forum, and there are more suggestions on The Renters Guide.