By using this website, you agree to our use of cookies to enhance your experience.
Graham Awards


Tenancy check out claims rise, says deposit alternative service

The number of tenancies ending in a claim for more than five weeks’ rent has risen to 17%, a deposit alternative service claims.

Reposit examined its own data from tenancy agreements from across the UK that have come to an end during 2024. 

It found that in 17% of tenancies, landlords needed to reclaim more than five weeks of rent to cover costs such as rent arrears or damage. This figure has risen from a previous average of 13% in 2023. 


During 2024 so far, Reposit found 49% of agreements ended without any costs incurred by the tenant at all.

Ben Grech, chief executive, says the figures highlight how cash deposit schemes did not always provide landlords with the right level of protection because they were capped at 5 weeks’ worth of rent. 

He comments: “Our figures show cash deposits are now inadequate across a significant portion of the market and one which is growing, most likely caused by the cost of living crisis. This inefficiency is why we’re seeing a rising number of landlords and agents choose to offer our FCA-regulated product which provides landlords with eight weeks of cover - 60% more than the cash schemes. 

“It’s been a tough year for landlords who have been hit with rate rises and growing costs generally, so they find the extra three weeks of cover reassuring. Equally, tenants have faced affordability challenges, struggling to find the up-front cash for a deposit which is often unnecessary when 49% of agreements end without any costs incurred by the tenant, and there are alternative products available. “

  • icon

    How many of those claims by landlords were successful?

  • Trevor Cooper

    Too many tenants don't pay the final month's rent, saying it can be taken out of the deposit, leaving little or nothing for legitimate claims against them by the landlord.
    We now suggest to landlords that we/they don't take a deposit but increase the rent proportionately so allow for the equivalent of a deposit to be collected over the first year. The amount increases the longer the tenancy is and we leave it to the landlord's discretion if they reimburse any of it to the tenant at the end of the tenancy.
    This is not fair on good tenants but, as always, it's the few who spoil it for everyone else.

  • icon

    Try that with rent controls!


Please login to comment

MovePal MovePal MovePal
sign up