this post was submitted on 13 Mar 2025
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They have a deposit protection scheme in the UK where neither the landlord nor the tenant have full control of the amount. It's very useful. Much better than the landlord having the money in his possession.
This, the limit on how much it could be, and the ban on charging any additional fees, absolute game changers! The changing them not being able to tax deduct mortgage payments has also changed behaviour. I mean, landlords are still a huge drain on society and rents are mental but these steps help
This was a big change when we moved to the UK. It makes sense to have a third party involve with photos of everything before you rent. Should be standard really.