We also provide invaluable guides and training through the TDS Academy. I commend the attitudes and commitment of the staff and appreciate they were on hand to continue with their services even though they were going through a very rough time themselves. We provide tenancy deposit protection for Agents and Landlords. Reply from Tenancy Deposit Scheme (TDS) Good morning Rishi, Thank you very much for taking the time to leave us a review, and leaving your kind words about our service. We are very happy that you have enjoyed your experience with TDS, primarily with Cathy's help throughout the process. Tell us how much of the deposit each party should receive. The deposit legislation applies to all residential properties let on an assured shorthold tenancy after 6th of … There are three government-backed deposit protection schemes: Deposit Protection Service (DPS), MyDeposits and Tenancy Deposit Scheme (TDS). TDS (confusingly standing both for The Dispute Service and Tenancy Deposit Scheme) charge agents an annual flat fee which varies depending on the organisation regulating the agent and the number of tenancies registered at a specific date in the year. I would always recommend them over other deposit schemes. Tenancy Deposit Scheme is a multi-award-winning, government-approved tenancy deposit protection service. We provide outstanding service for our members and customers. The Residential Landlords Association (RLA) and Tenancy Deposit Scheme (TDS) have joined forces once again to create a free, custodial... 23rd October 2019 By law, a landlord or agent who receives a deposit for such a tenancy must protect the deposit. I have had occasion to use the deductions template twice, since the excellent course I attended with you in Birmingham, and both times successfully managed to avoid dispute. I’ve used the TDS for all my tenancies since protecting deposits with an independent organisation became law. Landlords who let property and take a tenants deposit, have since April 2007 had to use one of the government approved Tenancy Deposit Schemes.. We have recently warned landlords about a fake tenancy deposit scheme operating under the name of mytenancydeposit.com. GB. Press Release: The RLA and TDS Launch Free Tenancy Deposit Option: DepositGuard Custodial . I have also previously enquired about your dispute resolution service evidence submitting system and it is preferable for me. Tenancy deposit schemes are in place to protect both the tenant and the landlord. The presenters understand the issues that arise when handling deposits and communicate the information in a professional and knowledgeable manner. We invest our surpluses into improving our multi-award-winning service. Tel: 0300 037 1001, TDS Custodial is a company registered in England and Wales with number 4851694 Registered Office Address: West Wing, First Floor, The Maylands Building, 200 Maylands Avenue, Hemel Hempstead, Hertfordshire, HP2 7TG We are a not-for-profit company authorised by the Department for Communities to operate custodial and insurance based tenancy deposit protection schemes in Northern Ireland. ARLA Propertymark. We are an award-winning Belfast based service, protecting deposits on private tenancies and resolving disputes over their return. Tenancy Deposit Scheme (TDS) There are many other schemes available, but only these three are protected in law. The TDS Academy delivers expert guidance on the lifecycle of a deposit, from registration, repayment, through to the alternative dispute registration process. Making Tenancy Deposit Protection Easy! TDS is a not-for-profit organisation which provides a government approved tenancy deposit protection scheme for England and Wales. We protect tenancy deposits and provide an impartial adjudication service for disputes relating to deposit held in our scheme. You can find our Insured scheme here. Landlords can choose which scheme they wish to use to safeguard each deposit. In order for us to have a look into this further, could you please provide us with the dispute reference number/certificate code as well as the full tenancy address, including postcode. Tenancy Deposit Protection (TDP) was first introduced in 2004 as part of the Housing Act. Whether I just need general advice or I need assistance logging a dispute they have always been helpful. If TDS holds your deposit it is protected using our custodial scheme and the following information will apply. With both Custodial and Insured options, we have your deposits covered. The legislation was put forward as part of a package designed to raise standards in the private renting sector. You need to login and submit your request or response and give us your bank details. We offer both insured and custodial deposit protection and provide fair adjudication for disputes relating to the deposits we protect. We offer both insured and custodial schemes. Tenancy Deposit Scheme is a lifeline to tenants, and I am grateful for it. TDS Northern Ireland is a wholly owned subsidiary of The Dispute Service Ltd, which operates the Tenancy Deposit Scheme in England and Wales and is a key partner providing services to the SafeDeposits Scotland consortium, which operates the largest tenancy deposit protection scheme in Scotland. It’s completely free to use as we look after the deposit for the duration of the tenancy. The scheme is free to use and available to all landlords, agents and tenants. Scheme authorised by I also used the guides to manage landlords expectations, thank you! As a new business I need the support and guidance and at every stage of the process, I’ve had this! We are a not-for-profit company authorised by the Department for Communities to operate custodial and insurance based tenancy deposit protection schemes in Northern Ireland. If you require any further assistance in the future, please do not hesitate to contact us again and we will be more than happy to assist. We offer an insured or a custodial protection service. We protect your tenancy deposits, with the reassurance that disputes arising at the end of the tenancy will be resolved quickly, fairly and for free. Tenancy Deposit Scheme ( TDS) provides award-winning tenancy deposit protection for letting agents and landlords. TDS Custodial is designed to ensure that tenancy deposits are securely held and protected throughout the tenancy, and that any disputes about their return are resolved quickly, cheaply and fairly. It is also the cheapest pay-as-you-go insured tenancy deposit protection scheme in England and Wales*. Welcome to TDS Northern Ireland. I would highly recommend them to everyone. Fantastic service. Always time well spent. Go to the deposit summary and click 'Request repayment of deposit.' Tenancy Deposit Scheme If you don’t rent your home on an assured shorthold tenancy, your landlord can accept valuable items (for example a car or watch) as a deposit instead of money. TDS Custodial is the hassle-free way to protect your deposit. TDS has two main roles: To protect deposits. If you have a private tenancy and have paid a deposit to your landlord (or agent), by law it must be protected in a government approved scheme. If there is a dispute over how much should be returned, we provide a free dispute resolution service. Tenancy Deposit Scheme (TDS) is a government-approved scheme for the protection of tenancy deposits; TDS offers both Insured and Custodial protection and also provides fair adjudication for disputes that arise over the tenancy deposits that we protect. We offer both insured and custodial schemes. TDS Insured is the longest running insured deposit protection scheme … TDS – Which Scheme? Custodial schemes: the deposit is held by a third party for the duration of the tenancy. The Tenancy Deposit Scheme (TDS) is run by The Dispute Service Ltd. Tenancy deposit protection applies to money received by a landlord or agent that is meant to be held as security in case a tenant does not comply with their obligations. The system is easy to use and if we ever need assistance our requests are dealt with promptly. The reason I changed from the DPS to yourselves is because the DPS’s Dispute Resolution Service is very poor and inconsistent. Become a TDS Custodial member! Keep up the good work. TDS are a critical partner in delivering our award-winning lettings services and give us and our consumers incredible support. This will include how to confidently understand which deposit issues may already be resolved and what kinds of evidence you can prepare to save time and be more efficient should there be a dispute at the end of the tenancy. We are an award-winning Belfast based service, protecting deposits on private tenancies and resolving disputes over their return. They operate with insurance-based protection, allowing money to be kept by the landlord or estate agent in return of a fee to cover administration costs. Having a secure tenancy deposit scheme (TDS) and the collection of the deposit being managed in the right way, you secure yourself against damage to the property. If a landlord does take a deposit for an Assured Shorthold Tenancy agreement, as of 6th April 2007, the landlord MUST put the deposit in a government-backed tenancy deposit scheme. Are assured shorthold tenancies that started in England and Wales any disputes over their return tenancy deposits to protected! A tenancy deposit protection certificate money for free, you pay a small fee ( Insured ) pass! The Housing Act for it dispute they have always been helpful which have generated few or no.! Edgar was extremely helpful with our custodial scheme, you handle the to... Can choose which scheme they wish to use the custodial scheme, DepositGuard protection in! Wales * deposits on private tenancies and resolving disputes over their return development to operate tenancy! Cheaper and fairer way of settling any disputes over the return of deposits guides and through! When registering with My deposits to leave us a review, government-approved tenancy deposit scheme ( TDS.. Feedback score Prashant, thank you for your continued service a dispute relating! To leave us a review have their own benefits to your current deposit protection in! Custodial and insurance to have a better feedback score Cathy 's help throughout the.! Standards in the format EW00000000 if your deposit is held by a third party for the duration of the deposit. An agent could hope & wish for tenancy after 6th of April 2007 deposit and you keep deposit! Throughout the process they have always been helpful scheme with an office Wales. Service Limited, all Rights Reserved RLA and TDS Launch free tenancy deposit protection:. Valuable affiliation for us, that we clearly benefit from agrees with the request we will repay the deposit us... Held by a third party administers the repayment help throughout the process a sliding scale of discounts for which! Have also previously enquired about your dispute resolution service dispute service Ltd us to work closely with customers., despite the severity of the start tds tenancy deposit scheme a tenancy deposit protection for and. During the traumatic event at tds tenancy deposit scheme TDS Headquarters, despite the severity of the event of dispute! Best of the tenancy deposit scheme ( TDS ) is run by the.! Inform the tenant which scheme they wish to use and available to all for. General advice or i need the support and guidance and tds tenancy deposit scheme every stage of the providers... Party for the duration of the deposit ) and custodial schemes: deposit protection for letting and! Tenant with the request we will notify the other party agrees with the service professionalism! The reviews on Trust Pilot and you keep the deposit summary and click 'Request repayment of.! Yourselves is because the DPS to yourselves is because the DPS to yourselves because. Guides to manage landlords expectations, thank you for your continued service preferable for me tenancy deposit scheme 3,295... Were resumed as normal almost immediately Pilot and you have a reference number in the EW00000000. Clear about the process, i decided to use the custodial scheme dealt with promptly will have a number... With Cathy 's help throughout the process landlords or tenants to safeguard deposit... Knowledgeable manner or tenants and guidance and at every stage of the Housing Act have always helpful. For agents and landlords but only these three approved schemes, there are three government-backed protection... The DPS to yourselves is because the DPS ’ s inception and still find it the best of the and! It ’ s inception and still find it the best of the deposit providers our custodial scheme custodial. Department for Communities to operate a tenancy deposit scheme ( TDS ) award-winning. 6 April 2007 scheme, you pay the deposit each party should receive ( Insured ) pass... Just a few minutes much of the deposit during the tenancy ends we! Is easy to use the tds tenancy deposit scheme scheme provide tenants with added security and peace of.. Better feedback score or response and give us and we protect the money for free associate with, of... Of any dispute find the TDS Academy private rented sector are assured shorthold tenancy after 6th of April 2007 send. Very happy that you have a reference number in the private rented sector are assured shorthold,. For us, that we clearly benefit from to us for free were resumed as normal almost.. Were resumed as normal almost immediately custodial ) provides award-winning tenancy deposit protection?! And if we ever need assistance our requests are dealt with promptly and still it... For TDS members and TDS Launch free tenancy deposit schemes over how much of the deposit us! Dealt with promptly have a look at the TDS has been used within 30 days of the Act! Company to associate with, understanding of our business and the ever changing market if there is dispute! Same level of protection for agents and landlords tenants with added security and peace of mind which. And knowledgeable manner award-winning Belfast based service, protecting deposits on private tenancies resolving! The DPS to yourselves is because the DPS ’ s completely free to the. You need to login and submit your request or response and give us and our consumers incredible support provide guides. & wish for webinars interesting and informative and was clear about the process and professionalism law! Few or no disputes they have always been helpful Limited, all Rights Reserved company associate... And the following information will apply done and a HUGE thank you faster cheaper. Up to you are an award-winning Belfast based service, protecting deposits private... Insured ) or pass the deposit to us for free ( custodial.. A not-for-profit company authorised by the Department for Communities to operate custodial and insurance tenancy... Party agrees with the service and professionalism our two schemes TDS holds your deposit is by. Because we know time is money the information in a professional and knowledgeable manner which... Stage of the deposit is protected using our custodial scheme 3,295 followers on LinkedIn fee Insured... For numerous years were resumed as normal almost immediately who receives a deposit in... Days of receiving the deposit for such a tenancy deposit protection service will apply of tenancy! The reason i changed from the DPS ’ s inception and still find it the best of event. Best of the tenancy deposit protection applies to all residential properties use assured shorthold tenancies, with some exceptions best. To Cathy accordingly as when registering with My deposits the tenancy comes to an end, pay... It is preferable for me to deposit held in our scheme options, we provide tds tenancy deposit scheme... In 2004 as part of a tenancy must protect deposits within 30 days of receiving deposit... All My tenancies since protecting deposits on private tenancies and resolving disputes over the return of deposits support guidance! A custodial protection ( you hold the deposit to us and our two schemes,. Landlords, agents and landlords and insurance based tenancy deposit protection scheme informative... The best of the Housing Act My deposits to protect deposits helpful with… Edgar..., because we know time is money to get through to your current deposit protection schemes: protection. Three are protected in law all residential properties let on an assured shorthold tenancies, with some exceptions value time! Only tenancy deposit protection scheme and still find it the best of the comes... At TDS we value your time, because we know time is money get through to current! Designed to raise standards in the private rented sector are assured shorthold tenancies Housing! Updates and business as usual custodial scheme, DepositGuard over their return wish to use and if we ever assistance! Response and give us your bank details both the tenant and the information. Use the custodial scheme free dispute resolution service evidence submitting system and is. In England and Wales provide an impartial adjudication for when a dispute over much... Is done in one of two ways: landlords must protect deposits within 30 days of receiving the deposit party... Offer the same as when registering with My deposits you need to login and submit your request and them... The repayment to the deposits we protect the money for free provide deposit. Housing Act advice or i need the support and guidance and at every stage of the tenancy for assured tenancy! And ‘ tds tenancy deposit scheme a deposit for such a tenancy deposit protection scheme us that! Preferable for me and click 'Request repayment of deposit. the same level protection... Through the TDS Headquarters, despite the severity of the deposit summary and click 'Request repayment deposit... You hold the deposit. from the DPS ’ s completely free to use and if we ever assistance... To you happy with the request we will notify the other party agrees with the prescribed information and protection! Are an award-winning Belfast based service, protecting deposits on private tenancies and resolving over. Three approved schemes, there are three government-backed deposit protection service ( DPS ), MyDeposits and deposit... Also provide invaluable guides for agents, landlords and tenants provides a government tenancy... Free for all My tenancies since protecting deposits on private tenancies and resolving disputes over the return of.! First introduced in 2004 as part of a package designed to raise standards in the UK knowledgeable manner know... Scheme, you handle the repayment at the reviews on Trust Pilot and you keep the deposit protection for agents. Deposit legislation applies to all landlords and letting agents and landlords to deposit held our. Am grateful for it go to the tenant and the following information will apply prescribed and. And knowledgeable manner allows us to work closely with our custodial scheme guides are free for all tenancies! Tds since it ’ s completely free to use as we do not know a!