mydeposits

mydeposits

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Introduction

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.

Benefits

With mydeposits in England and Wales: 

  • You hold the deposit in your bank account for the duration of the tenancy,
  • You have the freedom to resolve matters with your tenant directly,
  • We are here to help with any formal disputes.

We believe this is the flexibility that landlords require when dealing with their tenants.

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