You should check your tenancy agreement as this will tell you what will happen to the interest. When a disputed deposit is paid to TDS on our Insured scheme, no interest is paid.
From 1st June 2019 landlords in England are limited to the equivalent of 5 weeks' rent for new and renewed tenancies (or 6 weeks if the annual rent is £50,000 or more).
Get the deposit cap right with our handy calculator.
Note that where the calculation results in more than .5 of a penny above the cap, we have rounded down to the nearest penny
