Tag Archives: Tenancy deposit

Frivolous it might be but I don’t fall out with my tenants because….. Guest Columns, HMO's & Student Lets, Property Investment Strategies

There have been some really interesting comments on the EU Trying To Kill Buy To Let – sign the petition to STOP it now. blog and it is great to see some new people contributing to this important discussion but I am feeling a bit frivolous at the moment and I thought that I would post on a lighter subject.

According to MyDeposits one of the main reasons that landlords stop money from a tenants deposit is to cover the cost of cleaning. This is interesting because I would have thought that damages might have come above cleaning. Mary Latham Continue reading Frivolous it might be but I don’t fall out with my tenants because…..


New tenancy deposit protection laws on the way Buy to Let News, Latest Articles

Padlock in front of coins

New tenancy deposit protection laws on the way

Discussions to change tenant deposit protection rules for landlords are going on behind closed doors, according to information leaked by the Residential Landlords Association.

After a succession of court rulings rubbishing current tenant deposit rules, the government wants to tighten up the law. Continue reading New tenancy deposit protection laws on the way


Gamekeeper turned poacher helps landlords in deposit protection disputes Cautionary Tales, Guest Articles, Latest Articles

Tenant Deposit ProblemsHelp is at hand for landlords struggling to claim money through the deposit protection schemes. A deposit protection adjudicator has set up an online service to help landlords avoid the common pitfalls and successfully claim the money they are owed. Continue reading Gamekeeper turned poacher helps landlords in deposit protection disputes


Landlord escapes deposit protection penalty under legal loophole. A loophole in the wording of a law designed to penalise landlords who fail to protect tenant deposits has been exposed in court. Favourite Articles, Latest Articles, Lettings & Management

Cash Locked UpThe case highlighted the wording of Section 214 of The Housing Act 2004, which concerns courts making an order for landlords to protect a deposit or return the money in full to the tenant.

The section also allows a court to penalise a landlord who fails to protect a deposit by imposing a penalty of three times the deposit amount. Continue reading Landlord escapes deposit protection penalty under legal loophole. A loophole in the wording of a law designed to penalise landlords who fail to protect tenant deposits has been exposed in court.


Tenancy Deposit Schemes Latest Articles, Lettings & Management

Tenancy Deposit Schemes Logo

For all tenancy agreements that started on or after 6th April 2007 landlords are required to protect their tenant’s deposit using one of the Government authorised schemes. Within fourteen days of receiving the deposit, the landlord is required to inform the tenant of how it is protected.

There are three schemes:

  • Two which are Insurance based, allowing landlords to hold the deposits themselves; the Tenancy Deposit Scheme run by the Dispute Service and MyDeposits
  • One which is custodial based, thus allowing the company to hold the full deposit until the end of the tenancy on the landlord’s behalf. The free custodial scheme is managed by the Deposit Protection Service.

All schemes provide free resolution for any problems at the end of the tenancy.

If landlords fail to comply:

  • Tenants may apply for a court order demanding that the deposit is protected or repaid
  • A fine of three times the deposit amount will be payable to the tenant
  • Landlords will lose the right to repossess their property under the ‘notice only’ method.

For more information on Tenancy Deposit Protection visit the below links

Directgov | Deposit Protection Service | Mydeposits | Tenancy Deposit Scheme


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