Is authorising repayment by the DPS “returning the deposit in full”?
In Yeomans v Newell, Canterbury court 25 May 2016, the question arose as to whether a deposit is deemed returned in full for allowing a section 21 notice to be served where the deposit was not protected within appropriate time-scales or prescribed information not...
2 New Custodial Schemes Launched In April
Landlords of assured shorthold tenancies in England and Wales must protect deposits they receive within 30 days of receipt. April sees the launch of two brand new custodial schemes where deposits can be protected without the landlord or agent having to pay a fee. The...MyDeposits To Automatically Un-Protect Certain Deposits Where Statutory Periodic Tenancy Arises
MyDeposits has announced that it is to automatically unprotect some deposits where tenancies turn statutory periodic from the winter of 2013 / 2014 Unless landlords or letting agents take some action. No actual date has been announced. According to their website: You...Deposit Protection for Statutory Periodic Tenancies and Renewals – Superstrike Ltd v Rodrigues 2013
Superstrike Ltd v Rodrigues [2013] EWCA Civ 669 (14 June 2013) is a worrying case which fundamentally changes previous thinking on certain aspects of tenancy deposit legislation and in particular landlords duties. Background The landlord granted a tenancy to the...When to Protect
A deposit must “as from the time it is received” be dealt with in accordance with an approved scheme [s.213(1) Housing Act 2004]. Note, in that sub-section, there is no 30 day time limit which is important for agents. If an agent passes the deposit to his landlord...Protect a Deposit with DPS
Protecting the deposit Go-to the DPS website www.depositprotection.com or call 0844 4727 000 Register yourself as a landlord, you will then receive a landlords ID. Log in to the system and add the property. Next, add the tenant and deposit details to the property. You...Student Deposit
A problem for student lettings with the tenancy deposit legislation is that the deposit is often taken by the landlord in January, yet the tenancy often won’t commence until between June and September. It seems a shame to have to protect the deposit during this...Coronavirus Guidance
Landlords Building Insurance
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