Information for Landlords
What is the Tenancy Deposit Scheme?
The Tenancy Deposit Scheme is a multi-award winning, government authorised tenancy deposit protection scheme.
We were named Tenancy Deposit Service of the Year 2012 and following rigorous assessment were awarded the Government Standard for Customer Service Excellence.
As the only not for profit scheme we offer market leading rates and work for stakeholders, not shareholders.
How does the Tenancy Deposit Scheme work?
You receive the deposit from the tenant
Within 30 days, protect the deposit on the TDS website and give the tenant 'prescribed information' - documents showing how the deposit is protected and a leaflet about TDS.
You hold the deposit during the tenancy.
At the end of the tenancy return the agreed amount direct to the tenant and update the TDS database.
If you and the tenant can't agree on deductions, you can raise a tenancy deposit dispute with the Tenancy Deposit Scheme. We provide free and fair adjudication to decide how the deposit is divided.