The Deposit Protection Service says it has facilitated the donation of a total of £1m to homeless charity partner St Mungo’s in little more than a year.

The donations come from interest generated while The DPS safeguards tenants’ rental deposits.

At the end of a tenancy, tenants can choose to donate this interest to St Mungo’s.

Managing director Matt Trevett says: “St Mungo’s delivers vital support to people facing some of the toughest circumstances across London and the South of England.

“Many of our employees are also supporting the charity directly, donating time and energy to a number of local St Mungo’s initiatives.”

A St Mungo’s spokesperson adds: “With record numbers of people now facing or at risk of homelessness, our work has never been more urgent.

“The DPS’s fantastic £1m fundraising milestone and continued support will make a real and lasting difference, helping people to recover from homelessness and rebuild their lives.”

The DPS says its partnership with St Mungo’s also aims to provide support in local communities, particularly in Bristol, where the deposit protector is headquartered.