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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…

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…

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,…