Teaching and Learning

What is a deposit?

Most private landlords ask tenants to pay a bond or deposit before they move in. A deposit is money given to the landlord and held to cover the cost of damage done to the property by the tenant, whereas a bond is written guarantee that a landlord’s losses will be covered at the end of the tenancy by a 3rd party (usually a council or a bond scheme).  At the end of the tenancy the landlord should return a deposit to the tenant, minus any money the landlord has spent, or will have to spend, repairing damage or to repay rent arrears. A landlord cannot take money out of the tenant’s deposit or claim money under a bond to cover normal wear and tear.

Help with bonds & deposits

In some parts of the country there are bond boards or schemes, which can help people with bonds. Each scheme works closely with tenants and landlords but some have rules about who they can help. To find out if there is a scheme in your area, contact your local council housing department or Shelter Cymru

For more advice and support, click here to visit the relevant Shelter Cymru Advice online page.

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