A holding deposit is often mixed up with tenancy deposit, but they are two different payments serving different functions. Here we look at what holding deposit means, things you should know before paying; and answer the most important question - will you get it back?
From 1st June, on existing tenancies that are renewed, landlords will need to return any deposit amount held that exceeds the new 5-week deposit cap. We have partnered with Zero Deposit to bring landlords a smarter deposit solution.
