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Tenant deposit cap is cut to 5 weeks by government!

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The government has now confirmed it will cut the maximum deposit for rentals of less than £50,000 from 6 weeks to a 5 week maximum.  The 6 week maximum will still apply for rentals over £50,000 per year.

This decision as part of the Tenant Fees Bill was criticised the day before by the RLA and NLA: Click here to see the article.

The post Tenant deposit cap is cut to 5 weeks by government! appeared first on Property118.

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