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Property Insight Issue 8 - The Tenancy Deposit Scheme and consequences for the landlord of failing to protect the deposit

October 28, 2010

Since 6 April 2007, Landlords who rent properties on an assured shorthold tenancy in England and Wales must protect the deposit they receive via a Tenancy Deposit Protection Scheme.  The scheme was set up with the intention of safeguarding tenancy deposits and to provide alternative dispute resolution methods of resolving disputes in relation to deposits.

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