Deposit protection fees for letting agents

You must protect every deposit that you take from your tenants. Our payment structure offers a flexible pay-as-you-go option which means that you only pay for the deposits you need to protect.

We have extended our discounts on fees (from 1 April 2013) so that all letting agents with Client Money Protection Insurance can protect tenancy deposits for just £10 (plus VAT). 

The individual deposit protection fee is a fixed fee, regardless of the size of the deposit or the length of the tenant’s stay.

Protection Fees from 1 April 2013

All prices exclusive of VAT. Prices effective from 1 April 2013.

If you protect over 500 tenancies in a year, you may be able to use our annual payment model. Contact us for details.

A single deposit protection lasts for the period of the Fixed Term AST Agreement plus any Statutory Periodic Extension. A new deposit protection must be purchased if the original or subsequent Fixed Term Tenancy Agreement is renewed. For further information about when to protect and renew tenancy deposits with the scheme see our guide to Protecting Deposits for Statutory Periodic Tenancies.