What is the tenancy deposit used for?

Your tenancy deposit is held as security against certain financial obligations under your tenancy. It is not an extra rental fee.

We return the deposit when the tenancy ends, minus any deductions that are justified under your agreement & the relevant law.

Rent that remains unpaid at the end of the tenancy.
Damage to the apartment, furnishings or equipment beyond fair wear & tear.
Missing items from an agreed inventory.
Reasonable cleaning costs if the property is returned in a worse state of cleanliness than at the start.
Unpaid bills that you were contractually responsible for, where a deduction is permitted.

Normal ageing, ordinary use & fair wear & tear are not valid reasons to charge you for replacements as though the items were new.

We recommend reviewing the check-in inventory, reporting existing damage & taking photographs when you move in.

In England, the deposit must be protected in an approved scheme. In Dublin, it is held under Irish deposit rules. See deposit protection in England or Ireland’s security deposit guidance.