When you are renting a home it is important for you to know what you can afford and understand the kind of rental agreement you are entering into.
There are different rules depending on what kind of tenancy you have. Adviceguide gives you more information about your tenancy and the rules you and your landlord should follow.
Most landlords and letting agents ask tenants for a deposit as security against damage or non-payment of rent. If you’ve paid a deposit on or after 6 April 2007, or before that date but renewed your tenancy since then, your landlord must use a tenancy deposit protection scheme to safeguard it.