0333 321 9401
Our sister company, mydeposits.co.uk, is a government-authorised tenancy deposit protection scheme. It is designed to enable landlords and letting agents to comply with deposit protection legislation using a fast, simple scheme.
We have successfully protected more than a million deposits since 2007 and over 150,000 landlords and agents use us.
By law, if you take a deposit from your tenant on an AST agreement in England and Wales, you must protect it with a government-authorised tenancy deposit protection scheme within 30 days.
mydeposits is designed to help landlords comply with their deposit protection obligations quickly and easily. You simply choose how you want to protect the deposit with a choice of insurance based protection where you keep hold of their tenant's deposit for the duration of the tenancy or free-to-use custodial protection where you pass it over to mydeposits for safe keeping.
mydeposits insurance-based deposit protection
- Keep the deposit in your own bank account
- Deal with the tenant directly throughout the tenancy; no need to involve us
- Simply pay a small fee to protect each deposit you take
- Exclusive discount for Total Landlord Insurance customers: Join mydeposits and save £10.
mydeposits custodial-based deposit protection
- Free to join and use
- Transfer the deposit to the scheme at the beginning of the tenancy
- We safeguard the money in our UK bank accounts
- You and your tenant agree to the return of the deposit at the end.
Over 150,000 landlords and letting agents already use mydeposits. Join us:
- Fast and simple, online protection
- A choice; either insurance or custodial schemes,
- We are here to help with any formal disputes.
Total Landlord Insurance customers can join mydeposits Insurance (you hold the deposit) for just £10. Please contact us for your promoter code on:
0800 63 43 880.
For more information and to join online today click here.
Over a million tenant deposits successfully protected.