TENANCY DEPOSITS TO BE CAPPED AT 5 WEEKS RENT FROM SPRING 2019

It has been announced by the Government this afternoon, that the amount an agent or landlord can ask for a tenant’s deposit is to be cut from 6 weeks rent to 5 weeks – for annual rents of under £50,000.  For rents above £50,000 per annum, the maximum deposit will be capped at 6 weeks rent.

This move has been announced as part of the Tenant Fees Bill which is due to come into force in the spring of 2019.  More information on this Bill and how it will affect landlords and tenants, will be updated on our website as soon as we have further clarification from the government.

Cirencester Estate Agent

Mr Knowles June 2020

Butler Sherborn, have been an absolute dream. After a long and unfruitful search we went to them with our requirements and they quickly found our dream home in a matter of days. Highly professional and an absolute delight to deal with. Thank you.
— Mr Knowles, June 2020