πŸ€‘ Deposit Protection Service (DPS) Discounted Rates for Insured Deposit Scheme | GRL Landlord Association

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When you pay a tenancy deposit for an assured shorthold tenancy, the landlord or letting agent must protect your deposit through a Government-backed tenancy deposit protection scheme. This rule applies to all assured shorthold tenancies that started, or were renewed, on or after 6 April 2007.


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SafeDeposits is the leading tenancy deposit scheme in Scotland – with a unique position as the only scheme which is not-for-profit and based in Scotland’


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Deposit Protections that have passed their AST End Date that require action are now clearly highlighted. You have the ability to Renew an existing tenant where you have issued a new AST without the need to re-enter all the tenancy details. You can now filter and sort your deposit protection history.


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At the same time the landlord must ensure that key information is provided to the tenant, including details about the amount of the deposit and the location of the scheme where it is being held. The deposit will then be kept by the scheme administrator in an account maintained for the purpose of holding tenancy deposits until they are repaid.


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Tenancy deposits and statutory periodic tenancies. When a fixed-term AST ends, any subsequent statutory periodic tenancy is a new tenancy (s.5(2) Housing Act 1988). What does this mean for tenancy deposits? In Superstrike Ltd v Rodrigues [2013] EWCA Civ 669, premises were let on an AST in January 2007 (β€˜the old tenancy’); a deposit was paid.


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A typical deposit will be between one month and six weeks' worth of rent. By law, anyone renting through an Assured Shorthold Tenancy in England and Wales (this will apply to most people who rent their property) should have their deposit protected in a deposit protection scheme.


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The Tenancy Deposit Scheme Guide. Since 6th April 2007 all deposits taken by landlords must have been safeguarded by one of three Government approved schemes. Landlords can choose which scheme they wish to use and must safeguard each deposit and inform the tenant which scheme has been used within 30 days of receiving the deposit.


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When tenancies come to an end there are sometimes disagreements over who receives the deposit. If the deposit is protected by the Tenancy Deposit Scheme, the dispute can be referred to us and resolved by a professional, impartial adjudicator. We will decide how much should be awarded to each party based on the evidence you send us.


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A typical deposit will be between one month and six weeks' worth of rent. By law, anyone renting through an Assured Shorthold Tenancy in England and Wales (this will apply to most people who rent their property) should have their deposit protected in a deposit protection scheme.


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We are a not-for-profit company authorised by the Department for Communities to operate custodial and insurance based tenancy deposit protection schemes in Northern Ireland. Is my deposit protected? Search our database to find out if your deposit is protected with us


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