What is Insurance?

Our insurance scheme means you paid to join mydeposits
and also pay a protection fee that lets you hold the deposit
in your bank account.

If this is how you protect deposits login here

Member LOGIN


What is Custodial?

Our custodial scheme means that you joined mydeposits
for free and transfer the deposit money to us to hold.

If this is how you protect your deposits, then use:

Landlord login or Business login

Landlord LOGIN Business LOGIN

Free to use deposit protection 
with mydeposits Custodial

Designed for landlords

 

 How to protect deposits with mydeposits custodial

The mydeposits custodial deposit protection scheme enables you to comply with your legal
obligations for free. Simply transfer the deposit to us.

By law, all landlords must protect their tenant’s deposit and provide proof of its protection within 30 days.

We’re here to help you protect deposits, comply and avoid penalty fines.

2. Protect

Use your online account to register the deposit and transfer the money to us.

3. Inform

The legal Prescribed Information documents are created, for you to sign and give to your tenant.

4. Complied

Do all this within 30 days and you’ve complied.

 

Top 5 reasons to use mydeposits

It's completely free

Simply transfer the deposit to mydeposits and we hold it throughout the tenancy.

  • No fees, ever.
  • It’s free to join and free to protect deposits.
A fast, simple online service

Protect each deposit you take with mydeposits.

  • Protect deposits instantly in your personal online account.
  • Transfer the deposit by direct debit, bank transfer or cheque.
  • Manage all of your protections and deposits releases online.
Easy to serve legal documents

Provide your tenant with the proof that their deposit is protected

  • The Prescribed Information documents are created for you.
  • Sign it and send it to your tenant.
  • No extra clauses for your tenancy agreement.
Outstanding service for all

You have an in-house call centre to support you.

  • Speak to our expert team.
  • We are proud holders of the Investors in Customers standard.
  • Our service is measured by government performance targets.
You're in safe hands:

mydeposits is a government authorised deposit protection scheme.

  • We’re the only scheme endorsed by the largest landlord association in the UK.
  • Run by buy-to-let insurance experts, Hamilton Fraser.
  • Authorised by the Department for Communities and Local Government.
What our members say

External adjudicators are important as this ensures a fair process for both the landlord and tenant.

MB. Landlord Member
More member views
What our members say

I can print the certificate and paperwork instantly and my tenants are immediately reassured their deposit is protected safely.

BT. Landlord Member
More member views
What our members say

mydeposits has always been helpful. It’s good to have them at the end of the phone if I have any queries.

Large portfolio Landlord Member
More member views

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