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...
Announcing Two New Custodial Tenancy Deposit Schemes
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...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
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...Protect a Deposit with DPS
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...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...
Landlords Building Insurance
Guild subscribers can get discounted landlords buildings insurance especially designed for landlords
