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 depositwhat's this? that you protect – a fixed fee for any size of deposit. This will protect the deposit for the duration of the tenancy agreementwhat's this?, however long that might be.
  • For a Joint & Several Tenancy Agreementwhat's this?, 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 servicewhat's this?.

Copyright © Tenancy Deposit Solutions Ltd trading as mydeposits
(company registered in England no. 05861648)
registered office address: 3rd floor, Kingmaker House, Station Road, New Barnet, Hertfordshire, EN5 1NZ

mydeposits is a trading name of Tenancy Deposit Solutions Ltd, an appointed representative of HFIS plc who are authorised and regulated by the Financial Services Authority.