Activists calls for action on landlord ‘exaggerated’ deposit claims
Summary
Generation Rent has submitted a petition to the Housing Secretary calling for insured tenancy deposit schemes to be scrapped, arguing they make it easier for landlords to delay returning deposits and press renters into accepting reduced refunds. The group says custodial schemes are fairer and that reforms could improve outcomes for private renters, with the Government already said to be considering changes ahead of scheme contracts expiring in 2028.
Why it matters
Deposit protection arrangements affect landlord-tenant disputes, tenancy administration and the handling of client money. Surveyors involved in lettings, valuation or property management should be aware of potential policy changes that could alter deposit processes and compliance expectations.
Key points
- Generation Rent has delivered a petition with 17,000 signatures to Angela Rayner.
- The group wants insured deposit schemes scrapped in favour of custodial schemes.
- It argues landlords can use insurance-backed schemes to pressure tenants into settling disputes.
- The petition proposes fines for landlords with repeated rejected exaggerated claims.
- The Government has previously indicated it is considering reforms, with current scheme contracts expiring in 2028.
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