Deposit Protections that have passed their AST End Date that require action are now clearly highlighted. Landlords have an obligation to pay deposits received from Tenants into a deposit protection scheme. Insurance The landlord/agent will hold the deposit monies for the duration of the tenancy and will pay a protection fee to the scheme. Under custodial schemes, the landlord (or their agent) collects the security deposit money from the tenant, and then registers the money with a government-approved deposit protection scheme. Guaranteed Deposit Protection Services – Protect Yourself from Rogue Traders If you pay a deposit and the company ceases trading before the work has even started your money would be lost. Need to view or manage your deposits? Members Login; Download our customer care guide Home. No need to wait in a call queue. If this is how you protect deposits, log in here. The Law. Resources, guidance, and the latest industry news. Take the stress out of ending a tenancy. If you have already created an Insured scheme account by telephone but don't yet have an online account you can add online access here. Copyright © 2018 Deposit Protection Service, a trading name of Computershare Investor Services Plc. Designed for landlords and agents to protect tenancy deposits. Deposit ID. The Law. There are no registration or annual renewal fees, and is available to letting agents, landlords and organisations. Landlords have an obligation to pay deposits received from Tenants into a deposit protection scheme. All rights reserved. To claim your discount, you will need to verify your NRLA membership when you protect the deposit. This site requires JavaScript in order to work correctly. The Letting Protection Service Scotland is free to use for all landlords, letting agents and tenants. What we do We’ve been providing tenancy deposit protection for over ten years. Join Tenancy Deposit Scheme Custodial for free, fast, secure custodial deposit protection. deposit protection is also known as deposit insurance. This alongside our partnership with The Dispute Service means you are in safe hands. We’re authorised by the government to protect deposits for tenancies in England and Wales and are the biggest provider of deposit protection in the UK. As the home of deposit protection, we’ve got it covered. The DPS also still provide the free of charge custodial option (where the scheme holds the deposit). SDIC administers the Deposit Insurance Scheme and Policy Owners' Protection Scheme in Singapore. Ask Emma a question; View Frequently Asked Questions Deposit Protection Service. A government approved tenancy deposit protection scheme. Find out everything you need to know about protecting a deposit with us. Your web browser either does not support JavaScript or scripts are being blocked. If you’re a landlord who’s taken a security deposit for a new tenancy, you must protect it with a government-approved deposit protection scheme like ours within 30 days of receiving it. It allows you to protect deposits online and hold onto the deposit money; providing you with simple, cost-effective deposit protection. Tenancy Deposit Scheme Northern Ireland Limited is a company registered in Northern Ireland with number NI 615475 Registered Office Address: Tenancy Deposit Scheme Northern Ireland PO … We keep hold of the deposit ... PRESS RELEASE: mydeposits Jersey reappointed as island’s tenancy deposit scheme The law states that every Landlord who takes a deposit from a Tenant has to protect that deposit by lodging it with one of 3 tenancy deposit protection schemes. We're the original Government authorised Custodial scheme, protecting over 7.2 million deposits since 2007, so you can rely on us. Need to speak to us? All the staff are incompetent and have no idea what they are doing. Tenancy Deposit Scheme If you don’t rent your home on an assured shorthold tenancy, your landlord can accept valuable items (for example a car or watch) as a deposit instead of money. We’re authorised to protect deposits for tenancies in England and Wales and offer a choice of two types of protection - Custodial protection, a free service where we hold the deposit for the duration of the tenancy, and Insured protection, where you hold the deposit and pay us a fee to protect it. FIND A SUPPLIER. How to retrieve your deposit through the Deposit Protection Service (DPS): During your tenancy the nominated tenant will have received an email from the DPS confirming the deposit is protected and providing a ‘deposit ID’ and a ‘re-payment ID’ (you may want to check your junk mail for this). Landlord members of the Guild of Residential Landlords and accredited landlords with Private Rented Sector Accreditation Scheme are able to obtain a discounted rate for the Deposit Protection Service insured tenancy deposit scheme.. As the home of deposit protection, we’ve got it covered, Test your knowledge with our 'Understanding Terms' quiz, More information about deposit protection. Our insurance scheme is where you pay a protection fee to protect your tenants deposits, allowing you to hold them in your own bank account. Deposit protection went live in November 2015. Deposit Protection Meaning: In banking terminology, the term deposit protection refers to insurance given to depositors by a government regulating agency in the event of the failure of the financial institution where the deposits are held. My Deposits . JOIN OUR SCHEME. Deposit Protection Service . If you’re a landlord who’s taken a security deposit for a new tenancy, you must protect it with a government-approved deposit protection scheme like ours within 30 days of receiving it. Based in Hemel Hempstead, we provide an easy to use, award winning service, at the core of which is our committed people and our powerful online deposit management system. In Scotland, the government-approved schemes are: Letting Protection Service Scotland. As the home of deposit protection we've got you covered. Registered address: The DPS, The Pavilions, Bridgwater Road, Bristol, BS13 8AE. Since the 1 April 2013 all landlords and letting agents in Northern Ireland must protect tenancy deposits with an approved scheme, such as mydeposits Northern Ireland. Sign up today and benefit from our industry leading advice. Trusted, safe and secure. To view your deposit details, please log in to your account by entering your Deposit ID and Surname in the fields below. To view your deposit details, please log in to your account by entering your Deposit ID and Surname in the fields below. The worst Deposit Protection Service there is, we have over 200 deposit protected with them unfortunately. Check-outs, repayments and deductions. Should a tenant raise a dispute with the scheme, the disputed deposit money must be lodged with the scheme. There are two types of Tenancy Deposit Scheme; Custodial and Insurance. Request Repayment/Raise Dispute; Is My Deposit Protected? Everything you need to know, from our free Dispute Resolution Service, to advice from our experienced experts. Learn about the landlord deposit scheme from My Deposits that helps you ensure your tenants' deposits are fully protected and that you're compliant with the law. The Insured Scheme is where the Landlord or Agent retains the deposit and protection is provided for the duration of the tenancy for a fee. Calls are charged at your standard rate. Zero Deposit is the only deposit replacement scheme that works with 79% of the top UK estate agentsᐩ, who have chosen a deposit replacement option, and is FCA regulated. Experience our easy to use online solution now! Tenancy Deposit Scheme. You have the ability to Renew an existing tenant where you have issued a new AST without the need to re-enter all the tenancy details. Landlords and agents can protect deposits using our insurance or custodial based protection options. Deposit Protection and Guarantee Insurance for your home improvements. 410 likes. Toggle navigation. NRLA members get a 30% discount on the deposit protection fee when you protect a deposit with the mydeposits insurance based scheme in England and Wales. The law states that every Landlord who takes a deposit from a Tenant has to protect that deposit by lodging it with one of 3 tenancy deposit protection schemes. Surname. When a company gives you their company guarantee on your project and they cease trading during this period – their guarantee becomes worthless. DepositGuard provides accredited landlords with low-cost deposit protection from the government approved Tenancy Deposit Scheme (TDS). Once registered, the scheme provider takes custody of the money. Find out about our professional deposit protection services for landlords, letting agents, businesses and tenants in the private rental sector. You can now filter and sort your deposit protection history. If you are looking for our Insured scheme please go here.. TDS is the first choice in tenancy deposit protection for landlords and agents. Scheme authorised by. Login to the website to view your Tenancy Deposit Scheme account today. There are 2 types of schemes to protect the deposit – a custodial tenancy deposit scheme and an insurance deposit scheme and the landlord decides which scheme to use not the tenant. The reason I changed from the DPS to yourselves is because the DPS’s Dispute Resolution Service is very poor and inconsistent. Copyright © 2018 Deposit Protection Service, a trading name of Computershare Investor Services Plc. Member Login ; Welcome to mydeposits Jersey. mydeposits is a leading tenancy deposit protection scheme provider, authorised by the UK Government. If you’re a tenant and you’ve paid a deposit to your landlord or letting agent, you may be wondering what happens to it. Log in and take care of your deposit whenever you need to. Custodial Deposit Protection Schemes. All private landlords and letting agents taking tenancy deposits in Scotland are required to safeguard them with a Government approved tenancy deposit protection scheme. Find out more about our customer service vision, and what our satisfied customers say. Trust the UK's biggest provider of deposit protection. Are you a custodial member? Your online account is available 24/7. 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