Does The Housing Market Really Need Cash Tenancy Deposit Alternatives?

We look closely at the clutch of well-funded tech firms who claim their deposit alternatives are good for tenants, estate agents and landlords.

Deposits have been a contentious issue since the late 1990s when the then Labour government woke up to their widespread misuse by rogue agents and landlords.

Despite a report in 1998 by Citizens Advice that documented widespread pilfering of deposits, it took until 2007 for regulations to be introduced.

It’s a system that has worked well for 11 years. But more recently the high cost of renting means deposits can run into thousands of pounds and put even wealthy renters under financial stra...

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