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Tenancy deposits dip slightly across England and Wales

Latest figures from the Tenancy Deposit Service shows a slight reduction in typical deposits for rental properties in England and Wales.

At the end of March – the latest data available – the average deposit was £1,016 which was a one per cent reduction on a year earlier.

By contrast in Scotland, the average deposit value was £748.75 – an increase of two per cent over the previous year.

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