Nine years after law was passed, Government still has to set up rental deposit scheme

Nine years after law was passed, Government still has to set up rental deposit scheme

Commitments were also made to establish a  rental deposit scheme within the 2020 Programme for Government, alongside the coalition’s flagship Housing for All policy document.

The Government is yet to allow renter deposits to be held securely by the Residential Tenancies Board (RTB), despite laws allowing for it being passed almost nine years ago.

In December 2015, legislation was passed that would have allowed the RTB to hold deposits within a “designated tenancy deposit account”.

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