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Rent deposit

Former MemberFormer Member Posts: 1,876,324 The Mix Honorary Guru
When a landlord or their letting agent receives the deposit from a tenant, they have to lodge it in a government fund. But apparently the government slake off the interest from the deposit and keep it themselves. If that is correct then I don't think they have any right to retain it. Is there a way the tenant can claim the interest back?

Poppi

Comments

  • Former MemberFormer Member Posts: 1,876,324 The Mix Honorary Guru
    Most of the time it is stated in the terms and conditions that you don't get the interest back on the deposit - check these.
  • Former MemberFormer Member Posts: 1,876,324 The Mix Honorary Guru
    Thanks :)
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