This clause requires you to give the landlord money (usually equal to 5 weeks' rent) held as security against damage or unpaid rent. The landlord keeps this money in a protected account and must return it when you leave, minus any legitimate deductions. This protects the landlord but also protects you—UK law requires deposits to be held in a government-approved scheme with specific rules about how they're used. For example, if you leave the property in good condition and pay all rent, you should get your full deposit back within 30 days of moving out.
Always get a detailed written inventory of the property's condition before you move in, with photos if possible. Check the landlord's deposit protection scheme details and keep the prescribed information document they must provide—this is legally required and protects you if they try to make unfair deductions. Request an itemised breakdown of any deductions before accepting the reduced amount. ---
Frequently Asked Questions
What does this clause mean in simple terms?
This clause requires you to give the landlord money (usually equal to 5 weeks' rent) held as security against damage or unpaid rent.
Why should I care about this clause?
The landlord keeps this money in a protected account and must return it when you leave, minus any legitimate deductions.
What are my options?
This protects the landlord but also protects you—UK law requires deposits to be held in a government-approved scheme with specific rules about how they're used.
How does this affect small businesses?
For example, if you leave the property in good condition and pay all rent, you should get your full deposit back within 30 days of moving out.