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Deposit - Amount can be asked for?

  • 27-03-2016 3:23pm
    Registered Users Posts: 1 martyc82


    Looking at moving out of the parents house.

    Found a place in Rathmines and the landlord is looking for 3 months deposit.

    Can they do this? Is there a limit on what they can ask for?



  • Moderators, Business & Finance Moderators, Science, Health & Environment Moderators, Society & Culture Moderators Posts: 51,489 Mod ✭✭✭✭ Stheno

    Nope no limit

  • Registered Users Posts: 4,316 ✭✭✭ Pkiernan

    3 months will become the norm.

    Too many deadbeat tenants disappear owing thousands.

    <MOD SNIP>

  • Moderators, Society & Culture Moderators Posts: 32,244 Mod ✭✭✭✭ The_Conductor

    martyc82- 3 months is far from unusual from a private renter- and up to 6 months to secure corporate residential lettings.

    Property is scarce- and tenants are actively offering larger and larger deposits to try and distinguish themselves from other tenants (and minimise risks for landlords).

    Yes- in short- there is absolutely nothing untoward with a landlord seeking 3 months rent as a deposit. If you're not happy to pay it- don't- go look at other properties instead.