When a landlord receives a deposit in connection with an assured shorthold tenancy, prescribed information must be given within 30 days of receipt.
The prescribed information is very important as a penalty of between 1 and 3 times deposit may be payable if the prescribed information is not provided. Furthermore, a section 21 notice cannot be served without having first given the deposit prescribed information.
The link below will go to our Tenancy Builder because the deposit prescribed information is automatically included with our assured shorthold tenancy agreements.
Please see these links for more information about deposits and tenancy deposit schemes: