Deposit Protection and Dispute Information
If you are a student and want to know more about Deposit Protection click here
The Unipol/TDS Deposit Protection Scheme
With the raising of the AST Threshold, Unipol is helping landlords to stay the right side of the law when it comes to deposits. This scheme allows Unipol Code landlords to protect deposits and is designed with the needs of student landlords in mind.
The main benefits of using this scheme are:
- no registration fee to use the site
- low cost fees for each tenancy you protect
- keep the deposit for the duration of the tenancy meaning returning the deposit is under your control
- access to a fast disputes panel administered by Unipol
The scheme is administered online using the TDS website, which is accessed through the Owners Administration System. Here you can register details of the property and tenancy agreement as well as your tenants and either make the payment online or arrange to pay in a Unipol office.
In addition, a host of other benefits include:
- Amend details at no extra cost, whether a tenant leaves or another tenant joints a tenancy you can add them to the protection at no extra cost, so long as it is within the protection period of up to 12 months
- Protect the deposit when you receive it so any uncertainty about when it is a deposit is removed - as tenants pay their share, protect it and add to it as money is paid
- Paper free certificates e-mailed straight to you so that you can simply forward to your tenants
- Reminder e-mails that your tenancy is close to ending or if you have forgotten to complete the protection of a tenancy.
New Guidance Leaflet Available
For the first time all three deposit protection providers have signed up to agreed guidelines as detailed in the document link below. The three providers will continue to operate their dispute resolution services using these principles. This brochure aims to gives guidance to landlords, agents and tenants on how deposit disputes work.
A Guide to Tenancy Deposits, Disputes and Damages
TDS lifts the curtain on deposit disputes
