Under certain circumstances, and with the landlords agreement, we will accept a minimum deposit equal to one months rent at the start of the tenancy. We would not recommend landlords consider any less than this.
As at the 6th April 2007, new rules came into effect governing tenants deposits under an Assured Shorthold Tenancy, and it is now a requirement that all tenants deposits be protected either under an Insurance Backed scheme, or by a Government appointed Custodial scheme.
