Why switch to mydeposits?

Switch to mydeposits today to streamline your rental process with secure, compliant deposit protection powered by Total Property. Switching is easier than you think. Working with your current providers we can easily and efficiently arrange the switch on your behalf.

Fill in the form to start your switch or find out more.

Switch to us now

Six reasons why you should switch to us

Choice

Choose between mydeposits Custodial or Insured. Want to keep some of your deposits in another scheme as well? That’s no problem.

Transparency

Our custodial protection is completely free. Our insured protection gives you a set pay as you go price and a competitive membership fee. This is unaffected by the number of deposits or number of resolutions, unlike other schemes.

Service

All our tenancy deposit schemes are powered by Total Property and delivered by the same expert teams, so you can expect the same great customer service, however you choose to protect your deposits.

Discounts

Not only do we offer pre-pay discounts on our insured protection, but we also offer discounts on client money protection and products and services including landlord insurance and consumer redress through our Total Property brands.

Switch at your own pace

Switch all your deposits over at once or drip feed them over once the protections end with your current scheme and renew them with us. Your deposits, your choice.

Stress free switching

Our expert team handles the switch for you. Let us know you want to switch, and we’ll do the rest. Your dedicated switch handler will keep you up to date through the entire process.

Switch in five easy steps

Step 1

Let us know

Let us know you want to switch to us. You can do this by using the form at the top of the page.

Step 2

Notify your current scheme

Let your current scheme know you would like to switch to us. You can do this by email and if you copy us in it will really help.

Step 3

We follow up

We’ll collect the deposit data from your current scheme. This usually takes no more than two weeks.

Step 4

We check

Once we’ve received the data we’ll import it into our system and check for any discrepancies.

Step 5

You're done

We’ll let you know when step four is complete. At this stage we will request the deposit funds be transferred over to us.

Cartoon woman in a purple top and jump and black skirt crouching and touching a pink circle with a white tick in it

Made the switch from DPS to mydeposits around five years ago, the best thing we

Andrew Dillion

I’ve used mydeposits for over seven years, after having had so many issues wi

Luca Raimondi

Excellent website that is easy to use, deposit registration is straight forward, and the paperwork was produced Porters Estate Agents

We transferred from TDS to mydeposits just over a year ago and our only wish is we could turn back time to do this sooner!
mydeposits are prompt in answering our queries whether they’re by phone or email and are always happy to help. Their website is easy to navigate and lodging deposits takes just a few minutes.

Sophie O’Callaghan, Lettings Manager, EHB residential

Built by rental experts

Part of the HFIS group

Total Property brings together all the HFIS group’s property brands under one roof. These brands include government approved schemes mydeposits, the Property Redress Scheme and Client Money Protect, as well as award winning landlord insurance provider Total Landlord, housing law specialist, Landlord Action and property news website, LandlordZONE.

By harnessing our collective expertise through Total Property, we now reach over 40% of the private rented sector with our complementary products and services, cementing our position as a market leader.