As a landlord have you protected your deposit? By law if you take a deposit from your tenant on an Assured Shorthold Tenancy agreement in England and Wales, you must protect that deposit with a government-authorised tenancy deposit protection scheme, within 30 days of receiving it. If you don’t then the consequences can be severe!

Tenancy Deposit Protection In April 2007 it became law (Housing Act 2004) that all deposits collected by Landlords or Agents, [even renewing an AST] need to be registered in either a custodial scheme or an insurance based scheme. These schemes protect all deposits on Assured Shorthold Tenancies in England & Wales. Tenancy Deposit Protection is…

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