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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 reduced our fees (from 5th April) so that SAFEagent registered letting agents can protect tenancy deposits for just £10 (plus VAT). Also, agents from accredited bodies such as NALS, ARLA, NAEA and RICS or any other organisation with Client Money Protection Insurance will benefit from a new, lower protection fee from only £12 (plus VAT) per deposit.

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

Member type Deposit protection Fee (per tenancy Agreement)

SAFEagent registered

£10

Accredited Agents (Members of ARLA, NAEA, RICS and NALS, Law Society)

£12

UKALA Members

£26.50

All other agents

£35

All prices exclusive of VAT.

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

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