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- Published: 20 Jan 2021
The smart choice for deposit protection Join hundreds of thousands of landlords and agents using TDS’ best-in-class features and service to make their lives easier. You only need to register these details once. give you certain written information about the scheme . If you’re a landlord who’s taken a deposit for a tenancy, you need to protect it in a government authorised scheme. Your tenancy agreementshould include information about which scheme your landlord or letting agent is using. In England and Wales your deposit can be registered with: If you don’t rent your home on an assured shorthold tenancy, your landlord can accept valuable items (for example a car or watch) as a deposit instead of money. The penalties for not doing so are severe – up to 3 times the value of the deposit. You can contact us at: 1st Floor, Premiere House, Elstree Way, Borehamwood, Hertfordshire. Landlords or letting agents must protect a tenant’s deposit in one of the approved schemes within 30 days of receiving it. There is no charge to register and protect deposits with the TDS Custodial scheme. The tenancy deposit alternative. Agent refers the tenant to Reposit via our platform. Insurance TDP schemes. Email: info@mydeposits.co.uk . Tenancy deposit schemes. The funds are released to the appropriate party at the end of the tenancy once any disputes have been settled. Select your preferred tenancy deposit protection scheme below. You’ve accepted all cookies. give you written information about the scheme within 30 days. If there's a change of landlord or agent dealing with your deposit: the old landlord or agent should inform the protection scheme they use. You can claim compensation during your tenancy or after it ends. We use this information to make the website work as well as possible and improve government services. There are three tenancy deposit scheme providers to choose from in Scotland: Letting Protection Service Scotland; Safe Deposits Scotland; my|deposits Scotland Please complete each step to register with TDS Custodial. It's important to ensure that you're making an informed decision when deciding to rent out your house. We use cookies to collect information about how you use GOV.UK. However we also offer an offline registration form. Following the end of the tenancy and the tenant, Miss J, not receiving her deposit monies, she complained that Agent had failed to keep her informed about which protection scheme the deposit was registered with; that the Agent had not advised her how to dispute the landlord’s claims on the deposit and that the Agent had transferred the deposit to the landlord without her agreement. Complaint. New to TDS? Click the option that best describes you I am... an agent. Important Notes for Tenants Call up or send a message to the landlord using your Portico log in. Tenant finds their dream rental property. Registering a deposit - Landlords. The 30 days runs from when you paid your deposit, even if you signed your tenancy in advance and it didn't start until a later date. l belong to the scheme; l register the deposit on the TDS tenancy database; l pay a membership subscription or deposit protection charge. Different time limits applied before this date. www.depositprotection.com The home of deposit protection Most private landlords and letting agents taking deposits for Assured Shorthold Tenancies (ASTs) in England and Wales are required to safeguard them with a Government-authorised tenancy deposit protection scheme. The smart choice for deposit protection Join hundreds of thousands of landlords and agents using TDS’ best-in-class features and service to make their lives easier. Your landlord must use a TDP scheme even if your deposit is paid by someone else, such as a rent deposit scheme or your parents. Step one. Log in to your account. You can use it to report a problem or suggest an improvement to a webpage. A TDS Member (landlord or agent) must also give the tenant ‘prescribed information’. Don’t include personal or financial information like your National Insurance number or credit card details. Tenant pays a non-refundable fee of one week's rent. Register online with TDS Northern Ireland for the quickest and easiest way to protect a deposit. Your landlord doesn't have to protect your deposit if you paid it before 6 April 2007 and either: you never had a fixed term tenancy. Log into your account at TDS Custodial, and then select the “My Portfolio” screen. Telephone: 0333 321 9401 . Your landlord must register your deposit within 30 working days of your tenancy starting and the schemes do not charge you or your landlord. The information is set out in the Housing (Tenancy Deposits (Prescribed Information) Order 2007. Register the deposit with an authorised scheme and keep it protected throughout the tenancy. 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