Region

Change to TDS for Landlords and DepositGuard membership rules

RLA
Written by RLA

After some excellent feedback from members on our DepositGuard service, the Tenancy Deposit Scheme and the RLA have worked to make the administration of your tenant’s deposits easier…

After some excellent feedback from members on our DepositGuard service, the Tenancy Deposit Scheme and the RLA have worked to make the administration of your tenant’s deposits easier!

From 1st April 2013 the service will change so you:

  • No longer have to update your tenancy deposit information for when the tenant decides to continue onto a periodic tenancy.
  • No longer have to include mandatory clauses in tenancy agreements; these will change to ‘suggested clauses’. If you do wish to make changes, ensure your agreements still adequately cover how the deposit will be repaid and what the deposit can be used for.
  • No longer have to contact TDS by email if you wish to end your deposit protection – you will be able to end protections via your member page.

This will reduce your administration and remove any risk of you forgetting to update the status on our records or include specific terms in your tenancy agreements.

Other changes to the scheme’s rules

  • The 10 day time limit for notifying tenants of deductions has been removed.
  • The TDS are now required to use their best endeavours to notify tenants when deposit protection ends. So you must ensure contact details are in full.
  • The time limit for raising a dispute is now 3 months in all cases.
  • The TDS has no jurisdiction to adjudicate if the tenant does not give consent.

Revised Documents

Tenancy Deposit Scheme for Landlords Rules of Membership

Rules for the Independent Resolution of Tenancy Deposit Disputes

Summary of TDS Rule Changes

Prescribed Information and Suggested Clauses for Tenancy Agreements and Terms of Business

About the author

RLA

RLA

The Residential Landlords Association (RLA) represents the interests of landlords in the private rented sector (PRS) across England and Wales. With over 23,000 subscribing members, and an additional 16,000 registered guests who engage regularly with the association, we are the leading voice of private landlords. Combined, they manage almost half a million properties.

3 Comments

  • There is too much paperwork to print out, I have some deposits protected through RLA & I have started using NLA’s my deposits, because its just one cert & 2 pages of tenant info & that’s it, I do like the the changes you’ve made, much better, if you can cut down on the amount of paperwork I would definitely come back to RLA.

  • Hi

    Will you be updating the downloadable agreements to reflect the changes soon? If would be extremely helpful if you did. ( I use AST Room only)

    Also, can you provide them as Word aswell as pdf please as it would be more professional to be able to delete the parts which don’t apply, where we as landlords have options – we have to print off pdf and cross them out with a pen at the moment.

    Thank you
    Joanna Horobin

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.