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Deposits

Deposits

Tuesday 3 February 2015

A deposit is money you pay as security to the landlord when you are renting a property. The deposit amount will normally be around one months’ rent. In Scotland, you cannot be charged more than the equivalent of two months’ rent as a deposit. When you move out, your deposit should be returned to you in full, provided have kept up to date with payments and not damaged the property or fittings. After all, the deposit is your money.

A deposit is money you pay as security to the landlord when you are renting a property. The deposit...

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