Deposit calculator
How much deposit can I take?
Find out by using our deposit calculator*
My annual rent is £
0.00which means my maximum deposit is: £ 0.00
The deposit cap – Tenant Fees Act 2019
From the 1 June 2019 the amount of deposit that a tenant can be asked to pay at the start of each new assured shorthold tenancy (AST) or Occupation Contract and at the renewal of all existing tenancies is capped in England as part of the Tenant Fees Act 2019.
The maximum total deposit that can be taken from a tenant is:
– five weeks’ rent, where the annual rent is up to £50,000
– six weeks’ rent, where the annual rent is £50,000 or over
The table below shows what action is required by landlords or agents at each stage of the Act.
Before 1 June 2019
After 1 June 2019
You must comply with the five/six week deposit cap
- New fixed term tenancy
- Renewal tenancy
You are not limited by the five/six week deposit cap
- New fixed term tenancy
- Renewal tenancy
- Statutory/contractual periodic
- Statutory/contractual periodic
*Please be aware that the calculator is rounding the deposit up by 1p, it is your responsibility to make sure you are complying with the Tenant Fee Act 2019.