What are zero deposit schemes, and why are they controversial?
Zero deposit schemes require tenants to pay a fee equivalent to one week's rent instead of the traditional five-week deposit. They are controversial because the fee is non-refundable, tenants remain liable for damages, and additional costs may be incurred.
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What are zero deposit schemes, and why are they controversial?
Zero deposit schemes require tenants to pay a fee equivalent to one week's rent instead of the traditional five-week deposit. They are controversial because the fee is non-refundable, tenants remain liable for damages, and additional costs may be incurred.
Valuation Services provided by The Ringley Group
Meet our Expert Property Commentators