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How to Partially Repay a Tenancy Deposit and Return Amounts in Excess of Five Week Cap

Originally published at: https://devopenrent.wpengine.com/how-to-partially-repay-deposit-and-return-amounts-in-excess-of-five-week-cap/

Step-by-Step Guides for All Three Deposit Schemes The Tenant Fees Acts (2019) brought in a cap for tenancy deposits. The rules apply to new tenancies from 1st June 2019 and cap tenancy deposits to a maximum of five times the weekly rent for the property. The cap will also apply to renewals of tenancies which…