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In this episode, Phil Spencer discusses options for renters regarding deposits, whether to pay upfront or use a deposit alternative scheme. Finding the money for a deposit is a significant expense, usually equivalent to five weeks' rent. Canopy, a deposit free offering, aims to make life easier for renters by avoiding tying up money in a cash deposit. Watch to learn more about the options available and how to save money when renting a property. Subscribe for more home related advice and notifications for new posts.