What can a tenant do when her share of the deposit is paid to the lead tenant who has no intention of paying it over to her?
Introducing the DPS The Deposit Protection Service (DPS) is one of the three tenancy deposit protection companies set up by the government to protect tenants deposits. The DPS is the only ‘custodial’ scheme, and is completely free to use. However unlike the paid for ‘insurance based’ schemes, the deposit money has to be physically handed […]
How safe is your tenancy deposit? Basically if it is protected in a scheme it is safe, if it is not protected, it may not be. From 7 April 2007 all tenancy deposits for assured shorthold tenancies have to be protected in a government authorised tenancy deposit scheme. There are three tenancy deposit schemes: The […]
Kevin Firth, my Notable Property Person today, is Director of the Deposit Protection Service, one of the three Government authorised tenancy deposit companies. He has been really helpful in answering questions when I have raised points put by readers of this blog, and is a very human face of a large company. So thank you […]
I have discussed this situation before, but am prompted to write about it again, as a result of the recent experience one of my Landlord Law members. He tells me that he arranged for a letting agent to protect the deposit, which they did with My Deposits. He then went away travelling for a year. While he was […]