Tenancy deposit protection schemes

Tenancy deposit protection (TDP) schemes help tenants to receive all or part of their deposit back from their landlord, providing they have fully complied with their tenancy agreement.

In assured shorthold tenancies, the landlord is legally required to protect the deposit (including deposits paid by a third party) and register it with a government-backed TDP scheme within 30 days of receipt.

In the same timescale, they must also give the tenant certain information about the scheme and the protection of their money. The tenant can seek compensation of up to three times the value of the deposit if they fail to do so.

To see the rest of our full FREE GUIDE please click on the icon below.