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Glasgow renters could be due a share of £154,122 after failing to claim back tenancy deposits at end of lease

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dailyrecord.co.uk

SafeDeposits Scotland has revealed that renters in Glasgow could be due a share of £154,122, after failing to claim back deposits at the end of their tenancies.

The Glasgow-based tenancy deposit scheme holds deposits on behalf of landlords and agents in line with Government regulations designed to ensure responsible leasing.

When a tenancy ends and all parties agree to repayment, the scheme will then release the funds back to the tenant. The 'G' postcode currently has 523 unclaimed deposits with a combined value of £154,122, there's also one individual claim in Bearsden worth £1,950.

And in total across Scotland, there are 2,418 unclaimed deposits, amounting to £697,544. In 2019, SafeDeposits Scotland tracked down 2,750 tenants across the.

Read more on dailyrecord.co.uk
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