Right now it costs an average of £1,088 to put down a deposit on a new home to rent.
This is a huge amount of money, especially when you probably have a similar sum already locked away in a deposit for the home you are leaving. For lots of us, it means borrowing money from friends or family or worse taking out risky payday loans to cover the costs.
That's why we are calling for 'deposit passporting'. It would give renters access to some money from their current deposit to put towards the next one.
Sign our petition calling for deposit passporting.