At the end of a tenancy, you may want to return the full deposit to your tenants, or keep some of it to cover things like damage to the property or unpaid rent. <>
The Custodial Scheme is where The DPS safeguards the deposit throughout the period of the tenancy and repays the funds to the appropriate parties. <>>>
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When we protect your deposit, the DPS will send you a Deposit Protection Confirmation, detailing your Deposit ID … If you have problems getting the lead tenant to return your money you can: ask your landlord to confirm that the deposit … You'll need to tell us how you want the deposit to be split between you and the landlord, and provide your bank details. If a landlord is using an insurance based scheme, once they receive your request of repayment they will then either repay the deposit or let you know what they intend to deduct for things like cleaning, damage or outstanding rent. the deposit repayment one month before the end of the tenancy Complete a Joint Deposit Repayment (JDR) form together Form submitted to The DPS, either electronically or by post. If they don’t respond, you can provide a Statutory Declaration to instruct us to release the deposit. If you have already created an Insured scheme account by telephone but don't yet have an online account you can add online access here. Tenant name: Rental Property Address: Date of AST agreement: Deposit amount: Tenant new address: Tenant email address: Tenant mobile number: OR I, on behalf of all the tenants request the return of the deposit at the following property. We designed the page to be as intuitive and intelligent as possible but we do recognise that various people access our services for different reasons and you may not know how to access private content. Either way, our simple processes make it easy for you. If your landlord or letting agent is happy with your repayment request. If the tenant has only one deposit registered with the scheme they will be taken straight to the deposit summary. How to retrieve your deposit through the Deposit Protection Service (DPS): During your tenancy the nominated tenant will have received an email from the DPS confirming the deposit is protected and providing a ‘deposit ID’ and a ‘re-payment ID’ (you may want to check your junk mail for this). If your deposit is protected with our Custodial scheme (which means that TDS holds your deposit), you can log in to your TDS account and request repayment of your deposit. Your landlord must put your deposit in a government-approved tenancy deposit scheme (TDP) if you rent your home on an assured shorthold tenancy … {�~~�`��m��d}pv��[x��nf���"��M?��j������q|� . Firstly, you will need to register with the DPS. When there’s a disagreement over the repayment of a deposit, here’s some helpful info: You can also test your dispute resolution skills with our interactive case studies. If you’ve agreed with your Landlord or Letting Agent how much you should receive then you can log in to your account and start the process. We'll close your repayment request and email you to log in and respond to their claim. ?�6�K%���l������� The lead tenant selects the option “Request Repayment of Deposit” at the bottom Our login page prevents unauthorised access to private information and functions. Having deposit returned by the DPS, anyone have any experience of this? These are contained in sections 212–215 of, and Schedule 10 to, the Housing Act 2004 (as amended). The agent/landlord needs to tell us this by completing an online Repayment Request. If there are other tenants in your property, you'll also need to provide their bank details and the amount you want to be repaid to each tenant. 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