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Tenants Deposits

As of 6th April 2007 it has become law that all landlords and agents must register deposits with a tenancy deposit scheme.

The government has appointed 3 companies to administer the scheme:

 

Custodial Scheme:

The Deposit Protection Service (THE DPS)

 

Insurance Based Scheme:

The Tenancy Deposit Scheme (TDS)

Tenancy Deposit Solutions Limited (TDSL)

 

We are using TDSL to protect deposits and you will receive a certificate from them within 14 days of the commencement of the tenancy agreement. You can find further information on how the scheme affects you by visiting the TDSL website www.mydeposits.co.uk.