Here's a great bit of information from the TDS (Tenancy Deposit Scheme) for Landlords who are confused about the protection of tenancy deposits. Contact the TDS for more information and guidance.
"If you received a deposit before 6 April 2007 and the tenancy became statutory periodic after that date, you now have until 23 June 2015 to make sure it is protected.
The Deregulation Act has clarified several points in deposit protection law, and TDS has published some guides to help you understand the changes.
Click here to read TDS's guide to the Deregulation Act, and click on our handy infographic below to quickly see where you stand with all your tenancy deposits."
For more in depth property advice, speak to Hawk & Chadwick Ltd on 01582 346 111
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