A Deposit received from an Assured Shorthold Tenant must be protected in an approved Tenancy Deposit Scheme within 30 days.
The law
relating to tenancy deposits has been further amended by the Tenant Fees Act
2019 (in force on the 01 June 2019), which affects landlords and letting agents
in England only.
Similar provisions will also affect Wales by
virtue of the Renting Homes (Fees etc.) (Wales) Act 2019 which comes into force
on 01 September 2019. Further updates
will follow in due course.
These Tenancy Deposits documents help Landlords to understand what needs to be done in order to comply with their statutory obligations. The Guidance on Tenancy Deposit Protection summarises the legal requirements. The Landlord can use the Receipt for Tenancy Deposit to record that a Deposit has been a paid. The Prescribed Information template captures the information a Landlord needs to give to his Tenant.
These Tenancy Deposit Documents are part of the Property Documents Folder. Just £35.00 + VAT will provide you with 1 year's unlimited access to download all/any documents from the Property Folder.