The Deposit Protection Service (DPS) has published new scheme terms and conditions for it’s custodial scheme. The new terms are marked April 2015, version 22.0.

The insured scheme terms and conditions remain unchanged from version 1 – April 2013.

We’ve only had a glance at the schedule of amendments which are provided under the revised terms but there doesn’t look to be anything of major importance. It seems to be just a consolidating exercise and minor modifications – mostly to the adjudication parts.

Our DPS assured shorthold tenancy has been updated accordingly so as to incorporate the new terms and conditions into the prescribed information. The agreement has also been updated with the new leaflets they have provided.

We also took the opportunity to make some other minor changes to the tenancy agreement including moving the green deal acknowledgment onto a separate page so it only needs printing if there is a green deal on the property.

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