A leading property campaigner has welcomed news that the government’s consultation into the banning of letting agent fees will also consider reforming how tenancy deposits are paid – as the total value of deposits known to be stolen from DPS…
Tenancy deposit scheme UK reform campaigner Ajay Jagota has launched a “stolen tenancy deposit totaliser” – keeping track of how much cash crooked letting agents are convicted of stealing in 2017.
A BBC investigation has lifted the lid on the growing scandal of disappearing DPS money and deposit fraud
Landlords were left £300,000 out of pocket and feeling “ripped off” by the apparent collapse of their letting agent.
A major report suggests the number of people in privately rented homes living in poverty has doubled in a decade, with its authors singling out rising housing costs for plunging millions into poverty.
Light-fingered renters have owned up to taking televisions, boilers and even a king-sized bed from rented properties when the time came to move from privately rented properties.
Crooked letting agents were convicted of stealing £1,018,100 of deposits in 2016 – and one campaigner believes this figure could be the tip of the iceberg.
Britain’s tenancy deposit scheme system costs the country £2.5billion in its biggest cities alone.