{"id":103106,"date":"2019-01-19T14:00:11","date_gmt":"2019-01-19T07:00:11","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/could-renting-without-huge-deposits-become-the-norm\/"},"modified":"2019-01-19T14:05:06","modified_gmt":"2019-01-19T07:05:06","slug":"could-renting-without-huge-deposits-become-the-norm","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/could-renting-without-huge-deposits-become-the-norm\/","title":{"rendered":"Could renting without huge deposits become the norm?"},"content":{"rendered":"


\nTenants are being offered schemes that do away with the need for large amounts upfront Scraping together a deposit on a new flat is always tough for tenants, with the average amount demanded now more than \u00a31,400 in England and Wales. Would you rather pay an insurance fee of about \u00a3300 \u2013 which you won\u2019t get back \u2013 or find the money for the deposit? That\u2019s the deal being dangled in front of tenants by some of Britain\u2019s biggest letting agents.Rental deposits have soared in recent years, with tenants frequently asked to put down the equivalent of two months\u2019 rent, which they won\u2019t see returned for possibly years \u2013 and then with possible deductions. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Could renting without huge deposits become the norm?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Tenants are being offered schemes that do away with the need for large amounts upfront...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-103106","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-qP0","jetpack-related-posts":[{"id":125909,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/renting-more-than-one-in-seven-uk-private-tenants-overpaying\/","url_meta":{"origin":103106,"position":0},"title":"Renting: more than one in seven UK private tenants \u2018overpaying\u2019","date":"April 25, 2022","format":false,"excerpt":"\r Typical figure in first three months of 2022 was 6.1% higher than a year earlier, standing at \u00a3849 a monthMore than one in seven private tenants are \u201coverpaying\u201d to secure a rental property, often because they are desperate or there is nothing else available, research suggests.Average UK rents have\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":797,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bogus-letting-agents-rent-through-airbnb-to-fleece-would-be-tenants\/","url_meta":{"origin":103106,"position":1},"title":"Bogus letting agents rent through Airbnb to fleece would-be tenants","date":"October 11, 2014","format":false,"excerpt":"\r The owner of this flat let it out for a weekend through Airbnb. She returned to find five \u2018tenants\u2019 \u2013 who\u2019d in total paid \u00a38,500 in deposits and expected to move in permanentlyWhen Ruth Allmark found a flat in a smart part of west London where the room rent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57446,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/deposit-free-renting-sounds-good-or-could-tenants-lose-out\/","url_meta":{"origin":103106,"position":2},"title":"Deposit-free renting sounds good \u2013 or could tenants lose out?","date":"June 10, 2017","format":false,"excerpt":"\r New plans aim to ease the burden of having to find an average \u00a3967. But they come with a warningDeposits can be the bane of tenants\u2019 lives. Not only do renters have to fork out hundreds of pounds in letting agent fees, but they usually have to stump up\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5688,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-dubai-tenants-can-get-their-rent-deposit-back\/","url_meta":{"origin":103106,"position":3},"title":"How Dubai tenants can get their rent deposit back","date":"February 24, 2016","format":false,"excerpt":"\r \r I recently moved out of my apartment. I was given the all clear for the check out report by the landlord's son who undertook the inspection on his father's behalf (the landlord is based overseas). It has now been almost a month and the landlord refuses to respond\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":65430,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-developer-to-allow-rental-tenants-to-pay-deposits-in-bitcoin\/","url_meta":{"origin":103106,"position":4},"title":"London developer to allow rental tenants to pay deposits in bitcoin","date":"September 4, 2017","format":false,"excerpt":"\r The Collective says there is international demand to accept cryptocurrency, and will take it for rent payments from autumnA London property developer is to allow its tenants to pay their deposits in bitcoin \u2013 the first time the controversial virtual currency has been used in the UK residential homes\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2482,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rogue-landlords-exploit-deposit-protection-loophole\/","url_meta":{"origin":103106,"position":5},"title":"Rogue landlords exploit deposit protection loophole","date":"June 19, 2014","format":false,"excerpt":"\r Legislation to rein in bad landlords and agents can leave tenants out of pocketA loophole in the rental deposit protection laws is enabling rogue landlords and letting agents to avoid returning deposits worth thousands of pounds.Landlords in England and Wales are required by law to place a tenant's deposit\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/103106"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=103106"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/103106\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=103106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=103106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=103106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}