SCHEDULE OF MEMBERSHIP FEES 2011-12

• Subscriptions are based on the number of tenancies registered as live in the scheme on 23rd January 2011.
• The subscription charge represents the amount required to cover the running costs of the Scheme that are attributable to a particular landlord's/agent's membership.
• Landlords and tenants should be aware that members may re-charge the cost of their work involved in administering the tenancy deposit process and this may be higher than the charge we levy to agents for registering a deposit with TDS.

Letting agents who are members of ARLA, NAEA,RICS

• For ARLA, NAEA and RICS, the base subscription is £14 + VAT per tenancy registered on snapshot day, subject to a minimum charge of £500 + VAT.
• Firms who have generated few or no disputes and perform well against three other risk factors may receive a discount on a sliding scale from our standard rates.

Letting agents who are members of NALS, Law Society

• Fess for NALS and Law Society members are £17 + VAT per tenancy registered on snapshot day, subject to a minimum charge of £500 + VAT
• Firms who have generated few or no disputes and perform well against three other risk factors may receive a discount on a sliding scale from our standard rates.

• Schedule of payment

We issue four invoices a year in order to spread the costs of tenancy deposit protection.

Please note Due to the requirements of our insurers, The Dispute Service Ltd regrets that it cannot take applications from letting agents who are not members of one of these professional bodies.

Other landlords

The subscription fee for other landlords will be calculated on an individual  basis on application to The Dispute Service Ltd.

New members

Subscriptions for new members will take into account the number of tenancies registered with their previous tenancy deposit protection scheme, and their dispute history. Subscriptions for brand new firms will be calculated individually.

Transcription of tenancy data

Where members submit data for entry on to the tenancy database on paper rather than electronically, there will be a charge of £12.50 (+ VAT) for each document. Please note: the data will not be entered until the fee has been paid.

Disputes arising out of pre-existing tenancies

Where the dispute concerns a tenancy that started before the agent's membership of TDS, the ICE may, at his discretion nevertheless adjudicate the dispute. The parties must complete the form Consent for adjudication on pre-existing tenancy. The charge for this service is £500 or 10% of the deposit (+ VAT), whichever is the greater. Please note: the adjudication process will not start until the required form, the fee and the disputed deposit have been received.

Disputes concerning non-Assured Shorthold Tenancies

The voluntary Tenancy Deposit Scheme for Regulated Agents ended on 1st October 2010. For tenancies starting on or after that date, TDS may resolve any disputes over the allocation of these deposits, by agreement. Before we can do so, the tenancy agreement must contain the relevant clauses required by us relating to non-ASTs; landlord, tenant and agent must consent; and disputes will be subject to a fee of £500 + VAT, or 10% of the deposit + VAT, whichever is the greater. The resolution process will not start until the parties' consent, the disputed amount and the fee have been received.

For further information, please follow this link to “Frequently Asked Questions”  – or call us on 0845 226 7837 to discuss how we can help you.