Rent Deposits

Rent Deposits

Our panel of carefully selected Specialist Solicitors are always here to support and assist when needed.

What are Rent Deposits?

It is mandatory to deposit your tenant's rental deposit into one of the three government-backed tenancy deposit protection schemes. They are the Tenancy Deposit Solutions Limited (TDSL) also known as MyDeposits, The Deposit Protection Service (DPS) and The Tenancy Deposit Scheme (TDS) within 30 days of receipt.

These schemes are designed to guarantee tenants the return of their deposit when the tenancy concludes, provided they have not violated any terms.

In cases of disagreement with your tenant, the scheme will retain the deposit until the matter is resolved.

Find out how our panel of Specialist Solicitors can assist you.

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