NetRent

Deposits set for change as landlords back government’s ‘lifetime’ proposals

The UK’s leading landlord trade body the National Residential Landlords Association (NRLA) has backed government plans to introduce lifetime deposits for tenants as they move around the privately rented sector.

This means that all sectors of the private rented sector (PRS) now agree that lifetime deposits would be a good idea including agent, tenant, regulatory and landlord groups.

And NRLA’s just-published New Deal for the PRS document explains why the government’s plan to create a portable tenancy deposit for millions of tenants across England and Wales is a good idea.

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