Is there a scheme for holding deposits for which there is no charge
Question
Deposits and Tenancy Deposit Schemes (England)
deposit protection
Answer
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1 Comment
Yes, all three schemes (Deposit Protection Service, MyDeposits and Dispute Service) operate a free scheme where they will hold the deposit and use the interest earned to run the scheme. We would generally recommend the Deposit Protection Service but all 3 are similar in how they operate.