Tenant deposit disputes down so far this year

The number of rental deposit disputes lodged with Hamilton Fraser’s government-authorised deposit scheme, mydeposits, has fallen by -15% across England so far this year.

Analysis of the data by Hamilton Fraser’s sister company and deposit replacement provider Ome found that London, the South East and the North East have all seen the largest drop in deposit disputes (-23%) so far in 2020 when compared to the same time last year.

Deposit disputes are also down in the West Midlands (-16%), Yorkshire and the Humber (-11%), East of England (-8%) and the North West (-2%).

The East Midlands (11%) and the South West (18%) are the only regions to see an increase in deposit disputes in comparison to the same time frame last year.

While London has seen one of the largest declines it is still home to the most disputes. The capital accounts for 37% of all disputes lodged so far this year, with the South East (16%) and South West (10%) also accounting for a large percentage.

At 2%, the North East is home to the lowest number of deposit disputes as a percentage of all disputes in England.

The main reason for withholding a deposit has been for post-tenancy cleaning, which accounts for 26% of all deposit disputes. Damage to the property and the deposit not being returned in the first place are also some of the most common reasons that deposits were withheld (20%).

The average deposit amount being disputed has remained unchanged at £811, however, there has been a slight swing in the proportion of deposit being awarded.

On average, tenants are being awarded 2% less of the average deposit when compared to last year, while landlords are receiving 2% more on the average deposit dispute.

That said, tenants are still being awarded 67% of their deposit via the average dispute claim.

Table shows the percentage increase in deposits between Jan and May of this year and last year, as well as the current percentage of total deposits by region.
Location
Percentage increase in disputes year on year
Current disputes as a percentage of total
Jan-May 2019 to Jan-May 2020
Jan-May 2020
London
-23%
37%
South East
-23%
16%
South West
18%
10%
North West
-2%
9%
East of England
-8%
8%
East Midlands
11%
6%
West Midlands
-16%
6%
Yorkshire and the Humber
-11%
4%
North East
-23%
2%
England
-15%
N/A
Table shows the average amount of a deposit being disputed and the year on year change.
Location
Average amounts disputed
Percentage increase year on year
Jan-May 2020
Jan-May 2019 to Jan-May 2020
East Midlands
£696
3.4%
East of England
£916
9.0%
London
£1,338
-1.4%
North East
£597
-9.4%
North West
£605
-9.3%
South East
£1,033
8.2%
South West
£706
-5.6%
West Midlands
£784
-2.9%
Yorkshire and the Humber
£620
4.3%
England
£810.5
-0.1%
Table shows the percentage of disputed deposit awarded to both tenant and landlord and the annual change
Location
Average amount of deposit awarded to Tenants
Change %
Average amount of deposit awarded to Landlords
Change %
(Jan to May 2020)
(Jan to May 2020)
East Midlands
68%
-2%
32%
2%
East of England
64%
-5%
36%
5%
London
72%
-2%
28%
2%
North East
64%
7%
36%
-7%
North West
62%
-3%
38%
3%
South East
69%
0%
31%
0%
South West
65%
-4%
35%
4%
West Midlands
73%
6%
27%
-6%
Yorkshire and the Humber
58%
-11%
42%
11%
England
67%
-2%
33%
2%
Table shows the reason for all disputed deposit by region and nationally
Location
Cleaning
Damage to property
Deposit not returned
Redecoration
Missing items
Other deductions
Rent arrears
East Midlands
32%
18%
25%
13%
3%
9%
1%
East of England
27%
14%
24%
20%
2%
10%
3%
London
22%
24%
18%
16%
6%
12%
3%
North East
26%
22%
20%
20%
4%
10%
0%
North West
30%
20%
17%
18%
5%
8%
3%
South East
31%
22%
17%
15%
4%
8%
3%
South West
32%
18%
18%
20%
3%
8%
1%
West Midlands
25%
11%
41%
18%
2%
2%
1%
Yorkshire and the Humber
22%
22%
19%
25%
4%
6%
2%
England
26%
20%
20%
17%
4%
9%
2%

Properganda PR

National and local media coverage for property businesses. Journo quotes delivered in minutes.

You May Also Enjoy

Breaking News

Brexit housing market winners and losers

England can’t keep pace with the other home nations And the south of England falls well behind the north   The latest research from Yopa has revealed a stark regional divide in house price growth since the Brexit referendum (June 23rd 2016), with Northern Ireland, Wales, Scotland and northern England recording some of the strongest…
Read More
Breaking News

The Rental Market is Rebalancing

But 78% of Tenants Still Can’t Find What They’re Looking For Nine in ten landlords believe the balance of power in the rental market has shifted in favour of tenants over the last two years – yet a quarter of tenants still feel landlords hold the upper hand, according to new research from LRG. The…
Read More
Letting Agent Talk

Dispelling the top five biggest letting agent myths

Sophie Danes, Group Director of Property Management, Lomond   This year has seen the introduction of the seismic Renters’ Rights Act (RRA) as well as other changes affecting the private rented sector (PRS) coming into force, such as the rollout of Making Tax Digital (MTD). As a result, more than ever before, there is a lot of information and speculation surrounding the sector making…
Read More
Breaking News

A fifth of Gen Z would move 25 miles or more for affordable housing

Price is the top priority listed by Gen Z for finding a home (24 per cent), with location the aspect most compromised for affordability (21 per cent) Barclays Mortgage data shows the average deposit fell -16.4 per cent year-on-year in May, however it remains the top barrier to homeownership reported by renters Nine in 10…
Read More
AI in estate agency letting agency property
Breaking News

Can AI-powered search platform push out Rightmove for renters?

Boss of global architecture firm takes on Rightmove with AI-powered search platform where renters describe where they want to live An AI-powered start-up launched by the former boss of a major architecture business wants to disrupt the duopoly of Rightmove and Zoopla by enabling renters to find homes by using normal everyday language – as…
Read More
Breaking News

Midlands sees largest property management fees increase

The latest research from Rushbrook & Rathbone has found that property management fees in the Midlands have increased by an estimated 53.9% over the past decade, the fastest rate of growth across England’s regions, highlighting a widening divide in costs between the North, Midlands, and South. The research analysed average rental values across England’s regions…
Read More