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News release

Tenancy deposit protection is working

1 February 2010

Tenancy deposit protection legislation is working despite current concerns about price increases, according to the National Landlords Association (NLA), the leading representative body for private-residential landlords in the UK.

David Salusbury, Chairman, NLA, said:

“The NLA believes we need to be careful not to let the current discussions about TDS price increases detract from the principle purpose of tenancy deposit protection: offering legal protection for tenants where, in the small number of cases, landlords wrongly withhold all or part of their deposit.

“The NLA welcomes recent comments from the Government that it is happy with the performance and high standards demonstrated by the approved tenancy deposit protection schemes. All-in-all, tenancy deposit protection legislation has proven to be a success and current issues must not alter this message.

“Today, I have written to TDS seeking clarification about the likely impact of their price increases on landlords and the NLA will communicate their response in due course. It is quite clear that landlords should not be expected to foot the bill of these price increases and we will be monitoring the situation carefully. For the NLA the interests of landlords must be safeguarded.”

-ENDS-

All media enquiries to:
Steven Hilton
Media Relations Manager, NLA
Email:
Tel: 020 7840 8906
Mob: 07508 031 084

Notes to Editors:
Representing landlords from all over the UK, the National Landlords Association (NLA) is the leading organisation for private-residential landlords. It campaigns for the legitimate interests of landlords by seeking to influence decision-makers at all levels of government and by making landlords’ collective voice heard in the media. The NLA helps landlords make a success of their lettings business by providing a wide range of information, advice and services. It seeks to raise standards in the private-rented sector while aiming to ensure that landlords are aware of their statutory rights and responsibilities.