{"id":57446,"date":"2017-06-10T13:00:18","date_gmt":"2017-06-10T06:00:18","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/deposit-free-renting-sounds-good-or-could-tenants-lose-out\/"},"modified":"2017-06-10T13:12:01","modified_gmt":"2017-06-10T06:12:01","slug":"deposit-free-renting-sounds-good-or-could-tenants-lose-out","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/deposit-free-renting-sounds-good-or-could-tenants-lose-out\/","title":{"rendered":"Deposit-free renting sounds good \u2013 or could tenants lose out?"},"content":{"rendered":"


\nNew 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 the equivalent of a month\u2019s or six weeks\u2019 rent as a deposit, too. However, several new ventures reckon they have found a way to rent properties without having to put down a deposit.According to the Deposit Protection Service, the average deposit in England and Wales stands at \u00a3967, though London renters typically have to put down around \u00a31,750. In total, an estimated \u00a33.6bn is held by deposit protection schemes across the UK. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Deposit-free renting sounds good \u2013 or could tenants lose out?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

New plans aim to ease the burden of having to find an average \u00a3967. But...<\/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-57446","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-eWy","jetpack-related-posts":[{"id":797,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bogus-letting-agents-rent-through-airbnb-to-fleece-would-be-tenants\/","url_meta":{"origin":57446,"position":0},"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":103106,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/could-renting-without-huge-deposits-become-the-norm\/","url_meta":{"origin":57446,"position":1},"title":"Could renting without huge deposits become the norm?","date":"January 19, 2019","format":false,"excerpt":"\r Tenants 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59617,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/one-in-seven-private-tenants-pays-more-than-half-income-in-rent-study-finds\/","url_meta":{"origin":57446,"position":2},"title":"One in seven private tenants pays more than half income in rent, study finds","date":"July 3, 2017","format":false,"excerpt":"\r Only 2% of homeowners spend similar a salary percentage on their mortgage, according to LGA researchOne in seven tenants privately renting from a landlord is paying more than half of their income in rent, compared with just 2% of homeowners who pay more than half their income on their\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21735,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nine-in-10-renters-do-not-have-the-savings-for-5-home-deposit-study\/","url_meta":{"origin":57446,"position":3},"title":"Nine in 10 renters do not have the savings for 5% home deposit \u2013 study","date":"August 2, 2016","format":false,"excerpt":"\r Vast majority of people who rent are locked out of home ownership through a lack of income and savings, says Equality TrustNine out of 10 people renting property in Britain cannot scrape together enough savings to cover even a quarter of the deposit needed to buy the average first\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":57446,"position":4},"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":125909,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/renting-more-than-one-in-seven-uk-private-tenants-overpaying\/","url_meta":{"origin":57446,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/57446"}],"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=57446"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/57446\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=57446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=57446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=57446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}