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By law, if you take a deposit from your tenant on an Assured Shorthold Tenancy in England and Wales, you must protect it with a government-authorised tenancy deposit protection scheme*.
my|deposits is designed for landlords who want to keep hold of the deposit for the duration of the tenancy, rather than handing it to a third party for safekeeping.
*There are different deposit protection laws for landlords in Scotland and Northern Ireland.
With mydeposits in England and Wales:
We believe this is the flexibility that landlords require when dealing with their tenants.
More about my|deposits
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