A new survey has found that two thirds of tenants find it difficult to get their deposits back from landlords.

There's 40 per cent less rental space available than this time last year and rents have increased by over 8 per cent nationally.

The survey was conducted by the Union of Students in Ireland in association with Red C.

The USI is launching a new deposit management service today with start-up business 'Deposify'.

President Annie Hoey explains how it'll work.