Do you take a deposit from your tenants?

Yes? Then you must protect it in a government-authorised scheme, such as mydeposits.

• You hold the deposit for the duration of the tenancy,
• You have the freedom to resolve any issues directly with your tenant,
• We are here to help with any formal disputes.

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Control the deposit

mydeposits is designed specifically for landlords who want to keep hold of the deposit, rather than handing it over to a third party. This means you can:

• Make any deductions to the deposit if you need to at the end of the tenancy,
• Discuss issues directly with your tenant, without having to involve us,
• Use our free, impartial dispute resolution service if you and your tenant cannot agree on the deposit amount to be returned.

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Our members view:

“I like to be able to manage the money myself and have more control over the deposits. I can return the deposit to the tenants quickly at the end of their stay which they appreciate.”

Shay Popat mydeposits member since 2008.

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