Blog

Keep up-to-date with our latest news

What landlords need to know about tenant deposits

By Deposit Check UK

26th October 2017

The Tenancy Deposit Scheme requires that landlords in England & Wales to protect their tenan’t deposit in an approved scheme and provide the tenant with the prescribed information within 30 days. If a Landlord fails to do so, they face harsh fines and even possible property repossession for the worst offenders. In 2015 & 2016…

Read More

Britain’s Tenancy Deposit Bill Increases By 22%

By Deposit Check UK

26th October 2017

According to DCLG figures, the total value of cash lost to the British economy through tenancy deposits has increased to £4.1bn. That is a colossal a rise of 22%. Figures obtained from the Department of Communities and Local Government by deposit free renting firm Delighted show that as of March 31 this year the total…

Read More

Tenants leaving over £0.5m of deposits unclaimed

By Steven Mapes

26th October 2017

Over half a million pounds worth of tenant deposits are unclaimed in Scotland alone, claims one of the biggest tenancy protection companies in the country claims. SafeDeposits Scotland, a partner of England’s tenancy deposit scheme represents 60% of the rental market north of the border. “Most tenants claim their deposits back after they move out,…

Read More