Tenancy progression platform Propoly has announced three integrations with other PropTech services - Helpthemove, Zero Deposit and mydeposits. Propoly managing director Sim...
Archive
![Tenants skip food and heat to pay rent, claims industry group](/upload/images/shutterstock_2051940527.jpg)
The Deposit Protection Service's charitable foundation claims that a significant proportion of tenants who have recently moved are cutting back on...
21 June 2024
From: Breaking News
![Shock figures show half of tenants struggle to find next home](/upload/images/Shutterstock-only%20images/Rental%20Market/Tenant_Dispute-400x310.png)
Half of all tenants who moved during the past 12 months found it ‘difficult’ or ‘very difficult’ to secure a new...
22 May 2024
From: Breaking News
![Changing face of Private Rental Sector revealed by new survey](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyStats-400x310.png)
A survey of more than 1,000 landlords in the Deposit Protection Service shows the scale of change in the private rental...
13 December 2023
From: Breaking News
![Rent rises outstrip inflation in every part of the UK - new figures](/upload/images/Shutterstock-only%20images/Property%20Market/3-MortgageRates1.png)
Latest data from The Deposit Protection Service suggests rents have risen faster than inflation over the past year. The organisation’s Rent Index...
05 December 2023
From: Breaking News
![Free webinar for agents to understand dispute resolution](/upload/images/Shutterstock-only%20images/PropTech/Webinar-400x310.png)
The Deposit Protection Service is hosting a webinar to help letting agents better navigate the dispute resolution process. The service says...
24 April 2023
From: Breaking News
![Some renters struggling to pay according to new DPS survey](/upload/images/Shutterstock-only%20images/Rental%20Market/Fine-2-400x310.png)
A survey of 2,000 tenants in England and Wales shows that some 23 per cent claim to be struggling to pay...
30 March 2023
From: Breaking News
![Pets are single biggest reason tenants move home](/upload/images/Pets/DogInHome(1)-400x310-min.jpeg)
The Deposit Protection Service claims the single largest reason why private tenants move is to find properties accepting pets. Around a thousand...
15 June 2022
From: Breaking News
![Hot Market: many tenants pay above asking rents to secure properties](/upload/images/Housing%20Market%20%26%20Property%20Images/Cash%20property%20buyers%20image.jpg)
Average UK rents have increased for the sixth consecutive quarter - but some tenants are paying above the going rate to...
26 April 2022
From: Breaking News
![Take That! Famous industry supplier celebrates anniversary](/upload/images/Housing%20Market%20%26%20Property%20Images/bridging-loan-uses-benefits.jpg)
Fifteen years ago Take That’s ‘Shine’ was at number one in the charts, ‘Mr Bean’s Holiday’ drew crowds into cinemas and...
05 April 2022
From: Breaking News
![Purplebricks lettings error will cost millions to fix](/upload/images/library/Purplebricks-2019Logo-400x310.jpg)
Purplebricks has revealed that it will cost some £3.6m to correct compliance issues in its lettings division. The agency continues to stay...
31 January 2022
From: Breaking News
![Up! Up! Up! - Rents rise for the fifth consecutive quarter](/upload/images/Rental%20Market/New%20Rental%20Index-400x310.png)
Average UK rents increased for the fifth consecutive quarter in Q4 2021 according to The Deposit Protection Service, as stock shortages...
21 January 2022
From: Breaking News
![Purplebricks lettings chief quits after deposit controversy](/upload/images/Logos/Purplebricks-2019Logo-400x310.jpg)
Purplebricks says its head of lettings has left after just eight months - and just days after a crisis involving tenant deposits. A Purplebricks...
01 December 2021
From: Breaking News
![Purplebricks refuses to give details of tenancy deposit failure](/upload/images/Logos/Purplebricks-2019Logo-400x310.jpg)
Purplebricks is refusing to say how many tenants and landlords were affected by its failure to comply with the law requiring deposits...
26 November 2021
From: Breaking News
![Boom for student lettings sector as in-person attendance resumes](/upload/images/BTR%2C%20PBSA%2C%20Co-living/StudentResearch-400x310.jpeg)
Figures from the Deposit Protection Service suggest that students returned to university in greater numbers this year compared to 2020. The service...
03 November 2021
From: Breaking News
![Race For Space means rents soaring on detached houses](/upload/images/Rental%20Market/RisingRents-400x310.jpg)
Rents for detached homes increased twice as fast as the average for all UK properties during Q3 2021 says the Deposit...
14 October 2021
From: Breaking News
![Flexible working for letting agents here to stay says DPS chief](/upload/images/Housing%20Market%20%26%20Property%20Images/MillennialAtWork-Tat-400x310.jpg)
Flexible working for letting agents, so much a part of activities for the past 18 months, is here to stay according...
29 July 2021
From: Breaking News
![Rents show another modest rise across UK - with London an exception](/img/default/lat.png)
Average rents in London declined during the second quarter of 2021, according to the latest market snapshot from the Deposit Protection...
07 July 2021
From: Breaking News
![Springtime - a great time for mid-tenancy inspections, say The Deposit Protection Service](/img/default/lat.png)
With winter gone and spring now in full bloom, there’s no better time to inspect your property to check for damage...
19 May 2021
From: Sponsored Content
![Is London’s rental market stabilising at last?](/img/default/lat.png)
London rents climbed for the first time for over a year during Q1 2021 —although the rise was a mere £8...
15 April 2021
From: Breaking News
![Revealed - the biggest cause of claims by landlords against deposits](/img/default/lat.png)
Just over half the claims made by landlords against tenancy deposits in 2020 cited a need to clean or make repairs...
30 December 2020
From: Breaking News
![Pets Mean Premiums - animals are good news, insists industry group](/img/default/lat.png)
The private rental sector should embrace the idea of tenants with pets and not object to the prospect. That’s the view of...
24 November 2020
From: Breaking News
![Free online deposit dispute webinars begin next week](/img/default/lat.png)
The Deposit Protection Service is running three free online deposit dispute webinars, with the first scheduled for next week. The UK’s largest...
10 November 2020
From: Breaking News
![Deposit protection - what is Prescribed Information?](/img/default/lat.png)
Did you know your deposit protection obligations don't end with paying the deposit? You also need to serve the Prescribed Information within 30...
29 October 2020
From: Legislation & Compliance
![DPS and safeagent team up to offer new training courses for letting agents](/img/default/lat.png)
The Deposit Protection Service (DPS) and safeagent have announced two new e-learning modules for letting agents and landlords. The modules, which form...
15 September 2020
From: Breaking News
![Agents given Covid-secure guide on how to check-in students](/img/default/lat.png)
With college and university terms about to start, and ever-more diligence required over Coronavirus, the Deposit Protection Service is offering an...
11 September 2020
From: Breaking News
![Good news - new tenancies bounce back to pre-pandemic levels](/img/default/lat.png)
New tenancies recorded by The Deposit Protection Service suggests the market is back almost to its pre-pandemic levels of activity. Data in...
23 July 2020
From: Breaking News
![New guidance available for student check-outs during Coronavirus](/img/default/lat.png)
The Deposit Protection Service has issued seven ways to help agents and students in England and Wales arrange accommodation check-outs during...
24 June 2020
From: Breaking News
![New online course shows best practice in starting a tenancy](/img/default/lat.png)
The Deposit Protection Service and safeagent (formerly NALS) have created a free, online course showing best practice in starting tenancies. The new...
29 May 2020
From: Breaking News
![Rents rose just £2 a month in quarter before Coronavirus - DPS](/img/default/lat.png)
Tenants paid a UK average monthly rent of £775 during the first quarter of this year according to the Deposit Protection...
29 April 2020
From: Breaking News
![Over 100,000 tenants sign up to Zoopla rental programme](/img/default/lat.png)
Over 100,000 current or aspiring tenants have signed up to an education programme explaining how the rental sector works, run by...
09 March 2020
From: Breaking News
![Five agents kicked out of Ombudsman scheme after disputes](/img/default/lat.png)
The Property Ombudsman has expelled five agencies, mostly for failures to honour awards: four of them are lettings operations and one...
21 February 2020
From: Breaking News
![Preparing for a deposit dispute means you might avoid one…](/img/default/lat.png)
Letting agents and landlords who prepare for a dispute at the outset of a tenancy increase their chances of avoiding one...
09 December 2019
From: Breaking News
![DPS teams up with comparison website to offer deals on utilities](/img/default/lat.png)
The Deposit Protection Service has teamed up with Comparethemarket in a bid to offer utility deals to tenants. Renters who have their...
01 November 2019
From: Breaking News
![A sex toy, a giant python and glowing swear words - all left by tenants...](/img/default/lat.png)
Giant glow-in-the-dark swear words, a sex toy and a pet python are among some of the items that students left in...
16 October 2019
From: Breaking News
![UK rents on the rise but failing to keep pace with inflation](/img/default/lat.png)
Average UK rents continued to rise between July and September, but failed to keep up with inflation, according to The Deposit...
11 October 2019
From: Breaking News
![5 secrets of great student landlords](/img/default/lat.png)
It’s that time of year again when pencil cases are fully stocked and the smell of dusty books opening fills the...
13 September 2019
From: Sponsored Content
![Rents Increase Across UK](/img/default/lat.png)
The most reliable indicator of rental trends in the UK As the largest provider of deposit protection in the UK, our database...
27 August 2019
From: Sponsored Content
![Landlords advised to start adjusting deposits to new cap limit](/img/default/lat.png)
The Deposit Protection Service has revealed that more than four out of 10 of the tenancy deposits it manages are currently...
09 August 2019
From: Breaking News
![Sharp rise in rents in second quarter, reports DPS](/img/default/lat.png)
The average UK rent rose from £757 to £771 during the second quarter of 2019 - that’s 1.7 per cent, according...
11 July 2019
From: Breaking News
![Here’s how Inadash can help you deal with a surge in activity post-fees ban](/img/default/lat.png)
A number of industry experts have warned letting agents and landlords to prepare for a surge in tenants moving property once...
29 May 2019
From: Sponsored Content
![Fees Ban: agents warned to prepare for a flurry of tenant moves](/img/default/lat.png)
Agents and landlords are being warned to prepare for a surge in tenants moving property once the fees ban kicks in...
16 May 2019
From: Breaking News
![New online calculator to help agents comply with deposit cap](/img/default/lat.png)
A new solution to help letting agents deal with the introduction of the security deposit cap under the Tenant Fees Act...
08 May 2019
From: Breaking News
![Rents now at their lowest level for three years says DPS](/img/default/lat.png)
Average monthly UK rent is now at its lowest level for three years according to the Deposit Protection Service. Average rent fell...
11 April 2019
From: Breaking News
![Free online training course to help agents through deposit disputes](/img/default/lat.png)
A new free online training course which guides letting agents through the key principles of disputes has been released by The...
27 February 2019
From: Breaking News
![Good news for tenants as rents have dropped in the past year](/img/default/lat.png)
Renting became more affordable in 2018 thanks to a combination of a once-in-a-decade fall in annual rents and wage inflation, according...
24 January 2019
From: Breaking News
![Cleaning and damage are main reasons students lose deposits at check-out](/img/default/lat.png)
The Deposit Protection Service says almost a quarter of students lost part of their tenancy deposit when they left their accommodation...
05 October 2018
From: Breaking News
![Rental market 'has fallen into recession' says The DPS](/img/default/lat.png)
A gloomy report from The Deposit Protection Service says the UK’s rental market is in recession for the first time since...
17 September 2018
From: Breaking News
![Cleaning and damage again most common reasons for deposit deductions](/img/default/lat.png)
Cleaning and property damage are the most common reasons landlords make deposit deductions, according to data released by The Deposit Protection...
06 September 2018
From: Breaking News
![Three-year tenancies: Top London agent is latest to criticise the idea](/img/default/lat.png)
Well-respected London lettings agent and former ARLA president Lucy Morton is the latest key figure to pour cold water on government...
05 July 2018
From: Breaking News
![Average UK rent falls for first time in six years, claims latest index](/img/default/lat.png)
A rental market survey conducted for The Deposit Protection Service claims the average rent has fallen in the UK for the...
26 April 2018
From: Breaking News
![Agents being selected to take part in most authoritative rental survey](/img/default/lat.png)
Some letting agencies and selected landlords are being asked to take part in a new survey investigating views and experiences in...
28 February 2018
From: Breaking News
![Milestone: £12 billion of BTL mortgages transferred between lenders](/img/default/lat.png)
The successful transfer of £12 billion worth of buy-to-let mortgages has been completed. Last year, Blackstone and Prudential purchased the book of...
20 February 2018
From: Breaking News
![Average rent up only 1.5 pr cent in past year says The DPS](/img/default/lat.png)
The average UK rent increased just £11.55 or 1.51 per cent over the last year according to The Deposit Protection Service. The new DPS...
14 November 2017
From: Breaking News
![Deposits held in protection schemes now total over £4.1 billion](/img/default/lat.png)
A campaigning letting agent says that at the start of this financial year the total cash value of deposits held in...
30 October 2017
From: Breaking News
![Campaigning agent renews attack on pro-deposit operators](/img/default/lat.png)
Ajay Jagota, the north east agent known for his campaign against rental deposits, says recent initiatives by two deposit protection services...
11 September 2017
From: Breaking News
![Fees ban: agents urged to switch to custodial schemes to offset losses](/img/default/lat.png)
Letting agents using insured deposit protection schemes have been urged to switch to a custodial model in order to compensate for...
05 September 2017
From: Breaking News
![Mydeposits launches sharp attack on 'no-deposit' alternatives](/img/default/lat.png)
The head of the parent firm of mydeposits is warning tenants and landlords tempted to enter into new ‘no-deposit’ schemes to...
29 June 2017
From: Breaking News
![Average tenancy deposit approaching landmark £1,000 figure](/img/default/lat.png)
The average tenancy deposit for England and Wales is just below £1,000 according to the Deposit Protection Service’s figures for the...
31 May 2017
From: Breaking News
![DPS celebrates 10 years of custodial deposit protection](/img/default/lat.png)
Custodial deposit protection was introduced 10 years ago this week and the Deposit Protection Service has been marking the anniversary. Custodial protection...
07 April 2017
From: Breaking News
![Two in five tenants favour long-term renting](/img/default/lat.png)
Almost two in five private tenants plan to remain renting rather than buy a property, according to a new study. A survey...
24 January 2017
From: Breaking News
![Soaring deposits 'make inventories more important than ever'](/img/default/lat.png)
The soaring cost of a private rental deposit - now approaching £1,000 - makes the need for an accurate inventory greater...
14 November 2016
From: Breaking News
![Average rental deposit poised to break £1,000 barrier, says DPS](/img/default/lat.png)
The typical deposit paid when a tenant moves to a new property in England and Wales is set to break the...
02 September 2016
From: Breaking News
![Landlords to make tenants pay for higher tax and interest rates](/img/default/lat.png)
There is another warning today that changes to buy to let mortgage tax relief will lead to increased rents. Back in July,...
26 November 2015
From: Breaking News
![Another boost for Fixflo as it links with PRS and mydeposits](/img/default/lat.png)
Repairs software provider Fixflo - which last week entered into a partnership with The Property Ombudsman scheme and The Deposit Protection...
23 November 2015
From: Breaking News
![TPO and DPS team up with Fixflo for repairs software](/img/default/lat.png)
The Property Ombudsman scheme and The Deposit Protection Service are entering into a partnership with software specialist Fixflo to create a...
12 November 2015
From: Breaking News
![80% of renters want tenancies of one year or less, says DPS](/img/default/lat.png)
Eight out of 10 in rental accommodation want tenancy agreements of one year or less, a large survey by The Deposit Protection...
09 November 2015
From: Breaking News
![Students 'twice as likely as other private tenants to lose deposits'](/img/default/lat.png)
Students are considered to be almost twice as likely to lose their deposit at the end of a tenancy than any...
23 September 2015
From: Breaking News
![New tenancy deposit rules 'a step in the right direction'](/img/default/lat.png)
New tenancy deposit rules come into effect today have been given the thumbs-up by The Association of Independent Inventory Clerks. Under the...
23 June 2015
From: Sponsored Content
![New tenancy deposit rules 'a step in the right direction'](/img/default/lat.png)
New tenancy deposit rules come into effect today have been given the thumbs-up by The Association of Independent Inventory Clerks. Under the...
23 June 2015
From: Breaking News
![Deposit protection deadline just one week from today](/img/default/lat.png)
The Deposit Protection Service is reminding letting agents and landlords that they have to act with extreme urgency over older tenancy...
16 June 2015
From: Breaking News
![Time is running out to protect deposits, says TDS](/img/default/lat.png)
Landlords and letting agents have been issued a reminder that they have less then three weeks to protect tenancy deposits with...
05 June 2015
From: Breaking News
![Remember deposit protection rules, says ARLA](/img/default/lat.png)
The Association of Residential Letting Agents says landlords who are not using their agents for deposit registration should be reminded to...