mydeposits
Agents
What does it cost?
mydeposits is a "pay-as-you-go" scheme:
Individual and Company Landlords |
Joining Fee |
Deposit Protection Fee (per tenancy agreement) |
Annual |
Members of ARLA, NAEA, RICS, NALS and UKALA |
£100.00 |
£20.00 |
£50.00 |
All other Agents |
£150.00 |
£30.00 |
£75.00 |
* all prices exclude VAT
- One-off joining fee to set up your account, and then an annual renewal fee to keep your account open.
- Deposit Protection Fee for each tenancy deposit that you protect – a fixed fee for any size of deposit. This will protect the deposit for the duration of the tenancy agreement, however long that might be.
- For a Joint & Several Tenancy Agreement
, you only pay one Deposit Protection Fee to cover the whole deposit. - Agents do NOT need to be a member of a trade or professional association to join the Scheme. But there are discounts for members of many professional organisations, including:
ARLA (Association of Residential Letting Agents)
NAEA (National Association of Estate Agents)
RICS (Royal Institution of Chartered Surveyors)
NALS (National Approved Letting Scheme)
UKALA (UK Association of Letting Agents)