mydeposits.co.uk

Landlords

2. Protecting a deposit

 

Step 1 Deposit paid by the Tenant

• Tenant gives deposit to Landlord

 

Step 2 Landlord protects the deposit

• Landlord retains the deposit, but protects it with mydeposits:
  • online: www.mydeposits.co.uk
  • by phone: 0871 703 0552 [8.30am to 5.30pm Monday-Friday]

 

Step 3 Deposit Protection Certificate

• mydeposits provides a Deposit Protection Certificate and Information for Tenants leaflet [ 585kB PDF file] for the Landlord to pass to the Tenant.

• Landlord must sign and give a copy of the Deposit Protection Certificate to the Tenant to check and countersign within 14 days of receiving the deposit.
• We suggest that Landlords keep a copy of the Deposit Protection Certificate.

 

Summary

• The Landlord retains the deposit.
• mydeposits provides all the necessary legal documentation for the deposit protection.
• The Landlord can manage their mydeposits account and deposit protections:
  • online: www.mydeposits.co.uk
• by phone: 0871 703 0552 [8.30am to 5.30pm Monday-Friday]
• In addition to the Information for Tenants leaflet [ 585kB PDF file], you receive a Deposit Protection Certificate for each deposit protected. These are also available to download from the "My Account" area of the mydeposits website, or can be requested by phone.

<< PREVIOUS: Joining mydeposits

NEXT: End of tenancy >>