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Do you know your rights when it comes to your deposit?

  • Landlord and letting agents in England and Wales must protect your deposit in a government-authorised tenancy deposit protection scheme.
  • There are penalties for landlords who do not comply with the law.

Make sure you get your deposit back

  • Law was introduced to ensure you get your deposit back from your landlord or agent when you move out
  • Your landlord must provide evidence if they want to withhold any of your deposit.

Do you know your rights when it comes to your deposit?

"My tenants seem to prefer mydeposits too, as it means that they get their deposit back as quickly as possible at the end of the tenancy."

Richard Bird mydeposits landlord member.

Did you know...

By law, if you pay a deposit to your landlord or letting agent then they must protect it in a government-authorised tenancy deposit protection scheme. It applies to all landlords and agents in England and Wales who have an Assured Shorthold Tenancy (AST) agreement (the contract) with their tenant.

It was introduced to ensure that you are able to get your deposit back from your landlord or agent when you move out.

 

It's SAFEagent Awareness Week 14 - 20 May 2012.

 

SAFE - Safe Agent Fully Endorsed - is a mark denoting firms that protect landlords and tenants money through client money protection schemes

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