Part of the debate – in the House of Lords at 12:17 pm on 15th June 2021.
My noble friend is right to point out the impact of the Tenant Fees Act 2019. The Government recommend that the rental deposit of five weeks is a maximum rather than a default. Charging a deposit of four weeks’ rent would provide leeway to expand it to five weeks for such things as pet ownership and also to take up some of the suggestions that we have heard today around insurance or potentially looking at rent levels to accommodate wider pet ownership.