By law, every landlord in England and Wales taking deposits on assured shorthold tenancies must protect that deposit with a government-authorised tenancy deposit protection scheme.
mydeposits is the only scheme specifically designed for landlords who wish to hold deposits themselves for the duration of the tenancy, rather than hand them to a third party for safekeeping.
Since 2007 we’ve successfully protected over 500,000 deposits and count over 60,000 landlords as mydeposits members.
Join us, take control of the deposit and receive the following benefits:
- Hold the deposit in your bank account for the duration of the tenancy agreement.
- Freedom to discuss any necessary deposit deductions directly with your tenant at the end of the tenancy.
- A free and impartial Dispute Resolution service is available if you and your tenant cannot agree over the amount of deposit to be returned.
- Flexible payment options, either pay-as-you-go or purchase protections in bulk for a discount.
- Save time and money by using the mydeposits website to protect deposits and manage disputes cases.
We believe this is the flexibility and control that landlords require from a tenancy deposit protection scheme, but don’t take our word for it, here’s what Richard Bird, a member since 2007 says about mydeposits:
“Keeping hold of the deposit is really important to me, it makes it much easier for me to return the deposit to my tenants or deal with any disputes quickly and efficiently… being able to speak to my tenants directly helps to avoid a dispute.”
To join or for more information visit www.mydeposits.co.uk
or call 0844 980 0290
