Tenants leaving over £0.5m of deposits unclaimed

By Steven Mapes

26-10-2017

Over half a million pounds worth of tenant deposits are unclaimed in Scotland alone, claims one of the biggest tenancy protection companies in the country claims. SafeDeposits Scotland, a partner of England’s tenancy deposit scheme represents 60% of the rental market north of the border. “Most tenants claim their deposits back after they move out, but, as hard as it is to believe, a surprising number don’t” This seems to be a regular problem but south of the border the Deposit Protection Service has previously said only 0.2% of deposits lie unclaimed

Further Reading:
http://www.propertyindustryeye.com/more-than-half-a-million-of-scottish-tenancy-deposits-unclaimed/

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