NLA Landlord Library : Tenancy : Tenancy Deposits

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Tenancy deposits

Most landlords nowadays will take a 'damage deposit' from tenants to hold for the duration of the tenancy. Any deposits taken with an AST since 6th April 2007 have to be protected in one of three government-authorised deposit protection schemes.

We explain the factors to take into account when deciding how much to ask for as a deposit. We also explain how tenancy deposit protection works, at both the start and end of the tenancy. Once you have selected a scheme, the specific rules to that scheme should be obtained from the provider.

Log in for detailed information on:

Requiring a deposit
Legitimate withholding of a deposit
Protecting tenancy deposits
Repaying the deposit at the end of the tenancy
Repayment of the deposit in the event of a dispute
Repaying the deposit when one party has disappeared
Rent and Bond Guarantees
Holding deposits

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