Rent and deposit advice

Protecting your deposit

If you have an assured short hold tenancy that started after 6 April 2007, your landlord must protect your deposit in a tenancy deposit scheme. A tenancy deposit scheme means:

  • you can get all or part of your deposit back when you are entitled to it
  • disputes between you and your landlord are easier to resolve
  • you can get a clear agreement at the start of your tenancy about the condition of the property

How does it work?

There are 2 types of tenancy deposit scheme:

  1. Custodial schemes - your deposit is paid into the scheme and kept until your tenancy ends
  2. Insurance schemes - your landlord or agent keeps your deposit but pays an insurance premium to protect it

All schemes provide a free dispute resolution service.

You can find out more about tenancy deposit schemes on GOV.UK (Tenancy Deposit Protection) (link opens in new window).

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