13 April 2011

my|deposits has welcomed new letting agents, who have joined the tenancy deposit protection scheme.

The agents, which include Andrews Letting and Management, Townends Lettings and Management and The Letmore Group, will now use my|deposits to protect all deposits on behalf of their landlord clients.

Eddie Hooker, Chief Executive, mydeposits.co.uk, commented:

“More and more agents are seeing the advantages of using my|deposits for their deposit protection needs.  Our government-authorised scheme is easy to use and easy to join. 

We offer competitive fees, and a timely, independent dispute resolution service.  Moving current deposit protections to my|deposits is a simple, straight forward process and protecting new ones is easy through our online system.”

David Westgate, Managing Director, Andrews Letting and Management, said:

“The reputation for outstanding customer service and the simple fee structure at my|deposits made it a logical choice to switch over to them for our deposit protection needs.

This new partnership is excellent news for our landlords and tenants who will benefit from knowing their deposits are protected by a government approved scheme and any deposit disputes will be resolved quickly and fairly.”

my|deposits recently announced it had protected £1 billion worth of deposits since starting out in 2007.

For more information about my|deposits and tenancy deposits, visit http://www.mydeposits.co.uk/ or call 0844 980 0290.

-ENDS-

For further information, please contact:

Dane Svenson
Press Officer
my|deposits.co.uk
E: dane.svenson@mydeposits.co.uk
T: 020 7840 8925
M: 07508 031 084

NOTES TO EDITORS:

About mydeposits.co.uk:

Mydeposits is the trading name of Tenancy Deposit Solutions Limited, a company jointly owned by the National Landlords Association and HFIS plc T/A Hamilton Fraser Insurance (the Scheme Administrator) to deliver an insurance-backed tenancy deposit protection scheme under contract from Communities & Local Government. Landlords and letting agents wishing to use this scheme are required to register with the Scheme Administrator. They can find out more and register by visiting www.mydeposits.co.uk. Registered members of the Scheme are able to protect and unprotect deposits at the beginning and end of tenancies. Fees are tax-deductible. In the event of a dispute at the end of the tenancy agreement, both parties are offered access to alternative dispute resolution (ADR). This procedure will be evidence-based, relying on documentation and records.