Deposit Protection Schemes: a Guide to Custodial & Insured Security Deposits

How security deposits work and how to protect a tenancy deposit legally

Two Kinds of Deposit Protection Scheme

There are two kinds of scheme that landlords can use to register a rental security deposit: custodial and insured.

The main difference between them is simple. Under a custodial scheme, the money is held by the scheme provider; under an insured scheme, the landlord can keep the money in their own bank account during the tenancy.

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The Difference Between Holding Deposits, Security Deposits and Agency Fees

Confused about rental fees? There’s holding fees, security deposits, a month’s rent up front, admin fees… and that’s all before you’ve even managed get your hands on the keys!

For tenants, it can feel like all parties are trying their best to extract a share of your hard-earned cash.

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Checklist: Landlord Responsibilities When Renting Out Property

How to rent out your home with a checklist for new starter landlrods

Many DIY landlords fear that they have forgotten to do something important. So we’ve made a checklist of legal landlord responsibilities you must perform when letting a property. The checklist ensures that you can easily check whether you are fully compliant with the law.

Tick off everything on this new landlord starter checklist, and relax – you’ll have done everything you need to do when setting up a new tenancy! Continue reading “Checklist: Landlord Responsibilities When Renting Out Property”