Tenancy Deposits
Do you take a deposit? If so you need to deal with it properly. Otherwise, you will not be able to use section 21 to evict your tenants and your tenants can apply to the court for an order that you pay up to 3x the deposit to them.
In this section, we look at the rules you need to follow if you take a deposit and have some guidance on what to do if things go wrong.
Documents
Find our Tenancy Deposit Prescribed Information form on the Documents and Forms page – although if your scheme provides a form for you to use you should use that.
There is an inventory form linked from our inventories article here.
Featured Video : Mike Morgan of TDS
The Three Authorised Tenancy Deposit Schemes are:
The Deposit Protection Service (DPS)
Tenancy Deposit Scheme (TDS)
My Deposits
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