Dispute resolution guidelines released under TDP scheme co-operation
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A new ‘Guide to Tenancy Deposits, Disputes and Damages’ has been jointly published by all three government authorised tenancy deposit protection schemes today.
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Category: Deposit protection schemes
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Cleaning Clauses
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Case studies from DPS (Deposit Protection Scheme) show that the highest percentage of disputes submitted to them were on the level of cleanliness at the end of the tenancy.By ensuring that a comprehensive inventory, check in report and check out report is conducted by a professional independent inventory company such as Inventory Clerk Solutions at the beginning and at the end of the tenancy, this percentage can be reduced dramatically and make any disagreements easier to iron out. -
New Case Law for Tenancy Deposits
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The Court of Appeal has now clarified the date by which a landlord has to protect a tenant’s deposit in order to avoid a penalty.
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What happens if you do not protect your tenants' deposits
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You must protect your tenants' deposits using a tenant deposit protection (TDP) scheme, if they have an AST which started after 6 April 2007.
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Choosing a TDP scheme
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There are two types of Tenancy deposit protection (TDP) schemes - custodial and insurance-based. Any landlord can use the custodial scheme but there are some restrictions on who can use the insurance-based schemes.
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Tenancy deposit protection schemes - when to use them
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Tenancy deposit protection (TDP) schemes ensure that money paid by tenants (as deposits) is kept safe. But what types of tenancy agreements are covered by TDP schemes and what do landlords and tenants need to do to use them.