All deposits taken by landlords in relation to assured shorthold tenancies (ASTs) in England and Wales must be protected. This includes ‘pet’ deposits (not applicable in England) and ‘garage’ deposits, but does not include holding deposits.
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
