by guildy | 5 Jul 2017 | Tenancy Deposit
The below guidance deals with the situation where a landlord wishes to no longer retain a deposit under a scheme “during the tenancy”. This has nothing to do with when the tenancy has ended. Custodial Scheme There is no provision within the Housing Act...
by guildy | 15 Jun 2016 | News, Tenancy Deposit
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...
by guildy | 4 Apr 2016 | News, Tenancy Deposit
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...
by guildy | 18 Nov 2015 | News, Tenancy Deposit
The government has greenlighted two new custodial tenant deposit schemes from April 2016. In the move, the government has renewed the contract for the long-running Deposit Protection Service (DPS) to continue offering a custodial service. In addition, the DPS run an...
by guildy | 5 Nov 2013 | News, Tenancy Deposit
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...
by guildy | 15 Jun 2013 | News, Tenancy Deposit
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...
by guildy | 20 Dec 2010 | Tenancy Deposit
This entry is part 3 of 8 in the series Protect / Unprotect a DepositA 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...
by guildy | 22 Aug 2010 | Tenancy Deposit
This entry is part 5 of 8 in the series Protect / Unprotect a DepositBelow is a quick summary of how to protect a deposit using the Deposit Protection Service (DPS) which is the free to use “custodial scheme”. Note: If the deposit has not been protected...
by guildy | 23 Sep 2009 | Granting a Tenancy, Repairing Obligations, Tenancy 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...