mydeposits.co.uk

Landlords

What does it cost?

Individual and Company Landlords	Joining Fee	Deposit Protection Fee (per tenancy agreement)	Annual Membership Renewal Fee (currently being waived for existing members)
Standard Fees	£58.75	£30.00	£14.70
NLA Members	£20.00	£26.00*	£14.70

* discounts apply to the first 4 protections only in any one 12-month period of membership

mydeposits is a "pay-as-you-go" scheme.

• One-off joining fee to set up your account, 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.
• All fees are payable by credit or debit card – we do not provide credit account facilities.
• All fees are tax deductible and include VAT.
• Discounts are available for members of the National Landlords Association and some other professional organisations.
• Disputes: if the Landlord and Tenant disagree about how much of the deposit should be returned. mydeposits offers a free and impartial Dispute Resolution service.