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.

Cotswold Land

Simon Jackson - January 2018

As soon as we decided to put our home on the market there wasn’t a decision to make on whom we would choose. Butler Sherborn are known as the market leader in Cotswold village houses & they certainly lived up to it. Process of going to market was painless, very professional & speedy. We sold within two weeks with an asking price offer. Can’t ask for more!
— Simon Jackson - January 2018