Nearly all private landlords and letting agents taking deposits for assured short hold tenancies (ASTs) in England and Wales are required to safeguard them with a government-authorised tenancy deposit protection scheme. Read about the legislation.
The Deposit Protection Service (The DPS) launched in 2007 and has grown to become a trusted partner to many landlords and letting agents, now protecting over one million tenancy deposits *. We are proud to offer a ‘one-stop shop’ for tenancy deposit protection by providing landlords and letting agents with a choice of custodial or insurance-based schemes.
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