PROTECT YOURSELF AGAINST LOSS OF RENT
WITHOUT TAKING A DEPOSIT
AND DON’T BREACH ANY OF THE NEW LEGISLATION
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As a private landlord you must be registered with the local authority
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If you collect a deposit from your tenant, then you must, by law, place it with an approved scheme
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If you do not meet your obligations then you may be ordered to pay the tenant up to 3 months rent
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Any disputes surrounding the return of the deposit are managed by the deposit scheme administrators
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Deposit funds under dispute are retained until a ruling is made
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Disputes could take up to 7 weeks to be settled
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NOT WITH
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