mydeposits

mydeposits

NLA Full Landlord Members join mydeposits insurance scheme for just £5 and benefit from reduced protection fees. 

Register Now

Introduction

Since April 2007 all landlords who take a deposit from their tenant on an Assured Shorthold Tenancy (AST) in England and Wales* must comply with the tenancy deposit protection legislation. This means you must:

1. Protect the deposit with a government scheme within 30 calendar days of receiving it from the tenant.

2. Provide the tenant with the Prescribed Information within the same 30 day deadline.

my|deposits is designed to ensure you comply with your legal obligations. It is a government-authorised scheme, jointly owned by the National Landlords Association and insurance experts, Hamilton Fraser.

*There are different deposit protection laws for landlords in Scotland and Northern Ireland.

Benefits

my|deposits provides landlords with a choice of deposit protection options: 


my
|deposits Insurance - You hold the deposit

  • You keep the deposit in your account during the tenancy
  • NLA Full Members receive heavily discounted joining and protection fees

Or

my|deposits Custodial - You transfer the deposit money to the scheme

  • The scheme holds the money during the tenancy
  • Free to join and use

Register Now Login

Don't Miss

© National Landlords Association : 2nd Floor, 200 Union Street, London SE1 0LX