How does renting a home in London work?

Most private renting in England runs on an assured shorthold tenancy, with a deposit that must be protected in an approved scheme. Rent levels differ sharply by borough, and national statistics publish the averages.

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How it works

The landlord must check the right to rent, protect the deposit and provide prescribed documents such as the gas safety record and the energy certificate. Agency fees to tenants are restricted by law, and permitted payments are listed.

Commonly mixed up with

A holding deposit and a tenancy deposit are different payments with different rules and different refund conditions.

How does renting a home in London work?

How does renting a home in London work?
Knowledge, LondonBig city topics
Short answerMost private renting in England runs on an assured shorthold tenancy, with a deposit that must be protected in an approved scheme. Rent levels differ sharply by borough, and national statistics publish the averages.
How it worksThe landlord must check the right to rent, protect the deposit and provide prescribed documents such as the gas safety record and the energy certificate. Agency fees to tenants are restricted by law, and permitted payments are listed.
Commonly mixed up withA holding deposit and a tenancy deposit are different payments with different rules and different refund conditions.
Last reviewed2026-08-08

Short questions

Must the deposit be protected?
Yes, in a government-approved scheme.
Can an agent charge fees?
Only payments allowed under the applicable rules may be charged.
How long is a tenancy?
Fixed terms are common and periodic tenancies follow.
Where do I check rent levels?
The Office for National Statistics publishes rent statistics.
Who checks right to rent?
The landlord or their agent before the tenancy starts.

Sources

More in this track

All London questions · Knowledge, London

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