
A report published in The Times today highlights the growing problem of landlords having to pay up for deposits, when agents go bust. Under the two ‘insurance based’ tenancy deposit schemes (MyDeposits and the Tenancy Deposit Scheme run by the Dispute Service) if the agent deals with the deposit on behalf of the landlord, the…

There has been quite a bit of discussion below about problems a few landlords have had with arbitration’s carried out for the DPS, in particular relating to evidence not being passed over to the adjudicator. One of my landlord members had a similar problem, and she wrote to the Department of Communities and Local Government…
Landlords out of pocket for deposits – DPS may be best after all!
A report published in The Times today highlights the growing problem of landlords having to pay up for deposits, when agents go bust. Under the two ‘insurance based’ tenancy deposit schemes (MyDeposits and the Tenancy Deposit Scheme run by the Dispute Service) if the agent deals with the deposit on behalf of the landlord, the…