The law that governs landlords is very clear. If your landlord didn’t comply, your compensation is as good as waiting for you…
Landlord didn’t protect your deposit or provide required information? See if you’re entitled to £1,000s…
Tenancy Deposit Rules
- Your Landlord must protect your deposit using one of the approved Tenancy Deposit Schemes
- Your Landlord must protect your deposit within 30 days of taking the money
- Your Landlord must send you the correct signed, prescribed information
- If an existing Tenancy is altered in anyway, your Landlord must re-protect the deposit and re-serve the correct prescribed information within 30 days
Your landlord is required by law to put your rent deposit into one of the three Government backed tenancy deposit schemes.
If you rent your home then you will almost certainly have paid a rent deposit at the start of the Tenancy. Since 2007 the Landlord is required by law to protect your deposit using one of the Government approved Tenancy Deposit Schemes.
Since April 2007 there has been a mandatory requirement for any tenancy deposit taken by a Landlord against an Assured Shorthold Tenancy agreement to be protected through one of three government authorised schemes.
From 2012, deposits for all Assured Shorthold Tenancies (AST’s) in England and Wales must now be protected within 30 calendar days of receipt by the Landlord and various other hurdles must also be overcome.
The Aim of Legislation
The basis for this legislation is to stop Landlords utilising a Tenant’s rent deposit as an extra revenue stream. It was felt by the Government that certain Landlords would only ever change the way they conducted themselves, if they received a financial penalty for continuing to ignore the law on deposits.
The law now ensures that Tenants who have paid a rent deposit to their Landlord or Letting Agent receive a fair deal when exiting the property, and where they are entitled to receive all or part of the deposit back, they actually get it
At Tenant Compensation, we make sure the Landlord or Estate Agent pays you what is rightfully yours, in line with this Government legislation. Furthermore because the Government wants to see the sector improve, Tenants can bring claims which are commonly below the £10,000 threshold, through an alternate court application which enables them to recover their legal costs.
Prescribed Information is the information which a Landlord must give to the Tenant which informs them that the deposit is registered with one of the government authorised schemes.
The Landlord must provide the Tenant with signed documentation outlining the Tenancy deposit protection scheme under which the deposit is registered within 30 days.
Properties Exempt from Legislation
- Properties for which no rent deposit was taken (for example Council or Housing Association Tenancies)
- Resident Landlords (those living in the property)
- Landlords of Tenancies where the rent is above the maximum threshold (£100,000.00)
- Company lets
- Additional exemptions apply to Scotland
Landlord refused to refund all or some of your rent deposit?
See if you’re entitled to claim…
Return of Tenancy Deposit
If you feel you have been unfarily treated by your landlord or letting agent and they have refused to repay all or some of your rent deposit – we could help you.
Our experienced solicitors could help you to claim back your rent deposit and compensation if the landlord broke the law and treated you unfairly as a tenant.
We take the stress out of claiming and could help you get what’s rightfully yours.
A completely no-win, no fee service.