keeping your deposit safe
What is Tenancy Deposit Protection? Your questions answered...
Are you starting a new tenancy with a private landlord or agent?
From now on, when you pay a deposit, your landlord or agent must protect it using a government authorised tenancy deposit scheme. Top Make sure you ask your landlord about it
The Government wants to make sure your tenancy deposit is protected so that: - You get all or part of your deposit back, when you are entitled to it
- Any disputes between you and your landlord or agent will be easier to resolve
Top Moving in
At the beginning of a new tenancy agreement, pay your deposit to your landlord or agent as usual. Within 14 days, the landlord or agent is required to give you details about how your deposit is protected including: - The contact details of the tenancy deposit scheme
- The contact details of the landlord or agent
- How to apply for the release of the deposit
- Information explaining the purpose of the deposit
- What to do if there is a dispute about the deposit
Top Safeguarding your deposit
You have a responsibility to return the property in the same condition that it was let to you, allowing for fair wear and tear. So it is a good idea to make sure that when you sign your tenancy agreement, you: - Keep a detailed list of contents (furniture and fittings)
- Record the condition of the property and its contents (photographs are a good idea)
- Check the circumstances in which your landlord or agent could have a claim on your deposit
Top Who are the organisations running the schemes?
The three Tenancy Deposit Schemes are: Tenancy Deposit Solutions Ltd www.mydeposits.co.uk info@mydeposits.co.uk The Tenancy Deposit Scheme www.tds.gb.com 0845 226 7837 The Deposit Protection Service www.depositprotection.com 0870 707 1 707 Top What should you do if your landlord or agent hasn’t protected your deposit?
You can apply to your local county court. The court can order the landlord or agent to either repay the deposit to you or protect it in a scheme. If your landlord or agent has not protected your deposit, they will be ordered to repay three times the amount of the deposit to you. Top Moving out
At the end of the tenancy, check whether you are leaving the property and its contents in the condition in which it was let to you – allowing for fair wear and tear – and check that you have paid your rent and any other expenses. Then agree with your landlord or agent how much of the deposit should be returned to you. Within 10 days – you should have received the agreed amount of the deposit. Top Resolving disputes
When you move out, if you and your landlord or agent can’t agree how much of your deposit should be returned, there will be a free service offered by the scheme protecting your deposit to help resolve your dispute. Check the information your landlord or agent gave you at the beginning of your tenancy for details. Your landlord cannot give notice that he is repossessing the property at the end of the tenancy until he has protected the deposit and told you how it is protected. Top Want to find out more?
For advice visit: www.direct.gov.uk/tenancydeposit or telephone the leaflet line on 0845 609 0696 Alternatively contact the following organisations: Shelter FREE* housing advice helpline 0808 800 4444 (open 8am to midnight 7 days a week) www.shelter.org.uk/advice * some mobile phone numbers may charge for calls to this number Citizens Advice Listed in the phone book and http://www.citizensadvice.org.uk/ National Union of Students www.nusonline.co.uk/info/housing Visit your student advice centre or students’ union for more information. Top |