Tagged: Deposit Protection

Almost half of tenants don’t attend ‘check-out’

Almost half of tenants don’t attend ‘check-out’

Figures published by the Deposit Protection Service (DPS) show that almost half of tenants in England and Wales do not attend a ‘check-out’ at the end of their tenancy. Of these, almost half claim...




Deadline looms for protecting deposits

Deadline looms for protecting deposits

Landlords have until tomorrow evening 23rd of June to protect any outstanding tenancy deposits they took for tenancies commencing before that date, according to the Deregulation Act 2015 amnesty, otherwise they will be barred...




53% of North West landlords say they struggle to keep up with new laws

53% of North West landlords say they struggle to keep up with new laws

According to a report published by the rochdaleonline.co.uk website, more than half of all North West landlords say they are struggling to keep up all the regulation changes which have been coming “thick and fast”...




Clock ticking on deposit protection deadline

Clock ticking on deposit protection deadline

The Tenancy Deposit Scheme (TDS) has issued a reminder to landlord and letting agents that they have less than three weeks to protect tenancy deposits using one of three government-approved schemes. A change to...




UK landlords reminded of important legal issues to consider when renting out property

UK landlords reminded of important legal issues to consider when renting out property

Residential property lawyer at Slater and Gordon, Samantha Blackburn said: “As demonstrated by recent reports owning a buy-to-let property can lead to solid returns for landlords, however there are some important legal issues to consider...




Deadline for landlords to register deposits

Deadline for landlords to register deposits

The UK Government is currently running a 90 day amnesty for landlords who have yet to put their tenants’ deposits into an official scheme. It is thought that up to a third of landlords...




Change in law results in record number of complaints to the TPO

Change in law results in record number of complaints to the TPO

In the three months after all letting agents were required by law to join a redress scheme, the Property Ombudsman received a record number of complaints. Between October 1 and the end of the...




Last quarter of 2014 sees rise in average rental deposits

Last quarter of 2014 sees rise in average rental deposits

Between the third and fourth quarters of 2014 the average deposit amount protected by mydeposits rose by 1.4%. This equates to an average tenancy deposit of £1,226, up £52 over the last year. Surprisingly...




Landlords and tenants failing to submit deposit dispute evidence

Landlords and tenants failing to submit deposit dispute evidence

Many landlords and tenants are failing to submit evidence in the required time scales when caught up in security deposit disputes. According to the Deposit Protection Service almost 18% of landlords and 23% of...