How much can a letting agent or landlord charge for a holding deposit?

Read the Letting agent terms of business guide now

Learn more

Following the Tenant Fees Act 2019, a holding deposit can not exceed 1 weeks' rent. For example, if the monthly rent was £500, you cannot be charged more than £125 to hold the property. 

Create your custom Letting Agent terms of business agreement now

Get Started

Looking for more answers?

More Questions