tenant deposit protection
Since April 6 2007, all tenancy deposits taken by landlords or agents on behalf of landlords, in connection with an Assured Shorthold Tenancy ( AST) must be protected by law.under one of the statutory tenancy deposit protection schemes.
Central Management is a member of the Tenancy Deposit Scheme (TDS) which is managed by the Dispute Service Ltd. It has been developed to ensure that the deposits are protected and that disputes about their return are resolved swifty, inexpensively and impartially.
Under TDS
- Deposits will be protected during the tenancy.
- Where there is no dispute at the end of the tenancy, deposits will be returned promptly
- Where there is a dispute about the return of the deposit it will be dealt with fairly and quickly by the Independent Complaints Examiner (ICE).
For further information go to www.thedisputeservice.co.uk