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Written question asked by Gareth Snell (Labour) on Tuesday, 21 April 2026, in the House of Commons. It was due for an answer on Thursday, 23 April 2026. It was answered by Miatta Fahnbulleh (Labour) on Tuesday, 28 April 2026 on behalf of the Ministry of Housing, Communities and Local Government.


New Businesses: Finance

Question

To ask the Secretary of State for Housing, Communities and Local Government, what assessment he has made of the potential impact of security deposit requirements on the cash flow of new start-up businesses.

Answer

Security deposits are common in commercial leases. Contractual terms, such as security deposits, are a private matter to be negotiated between parties. However, we would always advise that, where possible, parties seek advice before agreeing to any terms.

The Government has commissioned the Law Commission to review key aspects of commercial leasing to ensure they are fit for a modern day context. This work is underway and further detail will be provided in due course.


Secondary information

Type
Written question
Reference
128798
Session
2024-26
Transferred
Yes
Subjects
Finance New businesses
Contains statistics
Yes
Link
View this Written question on www.parliament.uk