They are open to any person or organisation taking Deposits for a residential Tenancy. mydeposits custodial landlords, ... Deposit Protections that have passed their AST End Date that require action are now clearly highlighted. Deposits made by a third party You must use a TDP scheme even if the deposit is paid by someone else, like a rent deposit scheme or a tenant’s parents. We’ve already created a DPS account for you. You have the ability to Renew an existing tenant where you have issued a new AST without the need to re-enter all the tenancy details. If you have a username and password enter it below. Top 5 reasons to use mydeposits Custodial. Custodial Deposit Protection for Landlords | MyDeposits Northern Ireland Custodial Protection = we hold the deposit You lodge the deposit with us. Use your online account to register the deposit and transfer the money to us. How Custodial based deposit protection works: We are authorised by the Northern Ireland Executive to protect your deposit. COVID-19 – Update for private landlords and tenants in Scotland. READ » Update from the Scottish Government. Since April 1st 2013, if you pay a deposit to your landlord or letting agent then they must protect it in a government approved tenancy deposit scheme. The law was introduced to ensure that you are able to get your deposit back from your landlord or agent when you move out provided you’ve met the terms of … You will then be able to raise a new claim or continue with one that you have previously started. Both the insurance and custodial schemes offer a free Alternative Dispute Resolution service if an agreement cannot be reached regarding the return of the deposit. As part of the sale, the seller should agree to pass the deposit to the buyer who will need to register the tenancy deposit for protection. If there is a dispute over this, the deposit will be protected by the tenancy deposit scheme until the issue is resolved by its dispute resolution service. a tenant. Log in to your account. You have an in-house call centre to support you. Contact My Deposits with any questions or enquiries by email, phone, fax, or by post. Haven't activated your account with mydeposits yet? Login to the website to view your Tenancy Deposit Scheme account today. My Deposits Deposit Protection Service The Custodial schemes are free to use and the landlord or letting agents can simply pay the deposit online or over the phone. The main difference between them is simple. What is Custodial? Insurance; Custodial; My account » Login Insurance; Login Custodial; Search . my|deposits Northern Ireland is a Government approved tenancy deposit protection scheme for landlords & letting agents - free to register and lodge deposits. A "custodial account" is an arrangement for holding a financial instrument, contract, or investment (including corporate stock, a note, bond, debenture or other evidence of indebtedness, a currency or commodity transaction, a The … Protect. Custodial schemes involve a little more administration for the agent as they effectively do their own paperwork and then log onto the scheme to initiate the deposit repayment process. It is completely free for landlords and agents to join and use. The TDS Custodial scheme is free to use. It’s free to use and you must lodge the deposit money with us within 14 days of receiving it from your tenant. Run by buy-to-let insurance experts, Hamilton Fraser. Ready to benefit from free deposit protection? Not only will you be complying with your legal obligations free of charge, but Article below has been updated May 2016 – All approved schemes now operate an insured and custodial tenancy deposit scheme. The Custodial Scheme is free to use and whenever you wish to protect a deposit, an amount equivalent to the deposit is transferred to TDS who will hold it for the duration of the tenancy. If your landlord has chosen to protect your tenancy deposit in the TDS Custodial scheme, there are probably a few reasons why they’ve made that decision: TDS is the longest-running provider of a tenancy deposit protection scheme in the UK and is also the only non-profit organisation. If this is how you protect deposits login here. mydeposits is a government authorised deposit protection scheme. If this is how you protect deposits login here. If you are an NRLA landlord you will need to login to the NRLA website, using your NRLA login, to add or manage TDS tenancy deposits. Password. In the TDS Custodial scheme, your deposit will not be repaid automatically, even if your landlord has told us there are no deductions. Tenant. Our custodial scheme means that you joined mydeposits for free and transfer the deposit money to us to hold. in your bank account. Member LOGIN Deposits Disputes and Damages Guide; Conditions of Deposit Disputes – mydeposits Custodial ; Information for Tenants Leaflet – mydeposits Custodial ; Have a question? If this is how you protect your deposits, then use: Landlord login or Business login Landlord LOGIN Question? We recommend you read this template along with the mydeposits Information for Tenants leaflet, so you fully understand how deposit protection works. Our insurance scheme means you paid to join mydeposits and also pay a protection fee that lets you hold the deposit in your bank account. Custodial Schemes were established in England and Wales under the Housing Act 2004. That means we hold your deposit in a secure bank account for the duration of the tenancy. Not activated yet?Please fill in your information below. The money is held in a bank account by the Scheme and transferred directly to the tenant once both parties agree on the total sum of money to release. We are open to all landlords, letting agents and any associations who want to lodge their tenancy deposits with mydeposits Northern Ireland. Copyright © Tenancy Deposit Solutions Ltd trading With TDS Custodial, your landlord can quickly adjust deposits if one tenant moves out of your property or if you want to split the repayments between tenants. A Custodial Scheme is a scheme for the protection of residential tenancy deposits. Custodial Login. As Chief Executive Officer I'm delighted to welcome you to my|deposits Jersey. Custodial based deposit protection. The Difference Between Custodial and Insured Deposits There are two kinds of scheme that landlords can use to register a rental security deposit: custodial and insured. 0333 321 9401 8.30am to 6.00pm, Monday to Friday We have made it easier for you to manage your Deposit Protections via your online Account. We answer calls and emails and resolve disputes faster than other deposit scheme in England and Wales. Landlords and letting agents can join our custodial scheme and lodge the deposit with us to safeguard. If you have forgotten your member number please call our call centre. Login; Login Help; Search; Home » Login » Custodial Login. for free and transfer the deposit money to us to hold. I am a. Custodial Schemes were established in England and Wales under the Housing Act 2004. Deposits Disputes and Damages Guide Fair Wear and Tear mydeposits Custodial Scheme Information Leaflet Conditions of Deposit Disputes – mydeposits Custodial Information for Tenants Leaflet – mydeposits Custodial Our custodial scheme is where you send us your tenants’ deposits directly and we hold onto these for the duration of the tenancy. Scheme Rules for Custodial Members. Log into mydeposits custodial for LANDLORDS. Once registered, the scheme provider takes custody of the money. All landlords and letting agents are able to use the custodial scheme. you’ll also benefit from our expert support team, same-day release and unbiased dispute service. There is also no requirement to inform TDS if a new tenancy agreement is signed as long as the terms remain unchanged and the deposit amount remains the same. We protect your tenancy deposits, with the reassurance that disputes arising at the end of the tenancy will be resolved quickly, fairly and for free. If your landlord or agent holds your deposit, it may be protected with our Insured scheme. It is completely free for landlords and agents to join and use. Your online account is available 24/7. Click the option that best describes you I am... an agent. Custodial based deposit protection This option enables the landlord or letting agent to lodge the tenancy deposit with mydeposits Northern Ireland to hold for the duration of the tenancy. This should start with DPC and then have numbers (for example DPC12345678). Protect deposits instantly in your personal online account. If this is how you protect deposits, log in using the form below. Below we describe what you should do in both schemes. Is My Deposit Protected? Who are you? We safeguard the deposit in a segregated UK bank account for the duration of If this is how you protect your deposits, then use: Copyright Tenancy Deposits Solutions Ltd trading as mydeposits. Landlords & Agents Custodial; How we work; Join Now; Resource centre; News; Protect My Deposit Now. What happens during, and at the end of tenancy? Media contact (for journalist enquiries only) For all general enquiries, please call Custodial Deposit Protection Schemes. At TDS we offer two choices of tenancy deposit protection; Insured and Custodial. Since the announcement that Guild members and our accredited landlords will be able to obtain a discount for the Deposit Protection Service (DPS) new insured tenancy deposit scheme from 2 April 2013, we’ve had a number […] Under custodial schemes, the landlord (or their agent) collects the security deposit money from the tenant, and then registers the money with a government-approved deposit protection scheme. This means that they will soon be in a position to offer landlords and agents the option of using either a custodial or an insurance based protection service in England and Wales. What is Custodial? I can print the certificate and paperwork instantly and my tenants are immediately reassured their deposit is protected safely. I’ve used the TDS for all my tenancies since protecting deposits with an independent organisation became law. At the end of tenancy both you and the tenant must authorise the deposit return. We are committed to providing excellent service. Our custodial scheme means that you joined mydeposits Your data may be used by the authorities to improve the Private Rented Sector (PRS). How does this work under the TDS Insured scheme? TDS Custodial does not have any discretion to release the deposit without receiving a statutory declaration in these circumstances. We are proud holders of the Investors in Customers standard. How to protect deposits with mydeposits custodial, We safeguard the deposit in a segregated UK bank account for the duration of. The custodial schemes are free of charge to use and whenever you wish to protect a deposit, an amount equivalent to the deposit is transferred to the scheme who will hold it for the duration of the tenancy. and also pay a protection fee that lets you hold the deposit Deposit protection agency my|deposits has been given the green light to offer a custodial tenancy deposit protection scheme from April 2016. They are open to any person or organisation taking Deposits for a residential Tenancy. Landlord. Please send all emails to info.custodial@mydeposits.co.uk. We were granted a licence in the Summer 2015 by the States of Jersey to run a Tenancy Deposit Scheme after an extensive period of consultation. If this is how you protect deposits, Protect each deposit you take with mydeposits. I'm ready to activate my account I couldn’t find my deposit. Join Tenancy Deposit Scheme Custodial for free, fast, secure custodial deposit protection. If you own the properties please select landlord/joint landlord. The legal Prescribed Information documents are created, for you to sign and give to your tenant. Agent. the tenancy. Custodial protection If TDS holds your deposit it is protected using our Custodial scheme and the following information will apply. deposit protection obligations. We will respond to your promptly as part of our high customer service standards. In this case, deposits are protected until either party notifies us that the tenancy has come to the end. With our custodial scheme, you pay the deposit to us and we protect the money for free. Experience our easy to use online solution now! What do I need to do with my statutory declaration? Login to your account to: This should start with DPC and then have numbers (for example DPC12345678).You will then be able to raise a new claim or continue with one that you have previously started. Custodial; My account » Login Insurance; Login Custodial; Search . You must select agent if you don't own all the properties you are going to register with us . Q. Request Repayment/Raise Dispute; Learn more. No need to wait in a call queue. My|Deposits Scotland offer letting agents dispute resolution advice. mydeposits custodial. Simply transfer the deposit to mydeposits and we hold it throughout the tenancy. Our insurance scheme is where you pay a protection fee to protect your tenants deposits, allowing you to hold them in your own bank account. This option enables the landlord or letting agent to lodge the tenancy deposit with mydeposits Northern Ireland to hold for the duration of the tenancy. You need to login and submit your request or … All deposits must be … If this is how you protect your deposits, then use: Custodial The landlord/agent will lodge the deposit monies with the scheme for the duration of the tenancy, where the tenant vacates the rental property, both parties must apply for the release of the deposit to the scheme. a landlord. Username or email address. the tenancy. Please enter the number on your Deposit Protection Certificate. There is no charge to register and protect deposits with the TDS Custodial scheme. Your landlord or letting agent may have protected it with another scheme. To keep a track of your deposit and make sure we can contact you quickly if we need to, activate your account and follow the instructions to complete your account set up. Activate here. Telephone. Manage all of your protections and deposits releases online. my|deposits is delighted to announce that it has received approval from the Northern Ireland Executive to provide a Tenancy Deposit Scheme (TDS) in Northern Ireland. mydeposits is a fast, free service for landlords to protect their tenant's deposit. Login Not a member yet? That means we hold your deposit in a secure bank account for the duration of the tenancy. If this is how you protect your deposits, then use: Landlord login or Business login Landlord LOGIN My Deposits; Deposit Protection Service; The Custodial schemes are free to use and the landlord or letting agents can simply pay the deposit online or over the phone. What is Custodial? You can now filter and sort your deposit protection history. Insurance Deposit Protection – You hold the money, Custodial Deposit Protection – We Hold the money, Join and mydeposits operates two schemes in England and Wales, an insurance scheme and a custodial scheme. log in here. mydeposits Custodial Business Login Welcome back, log in below... Forgotten your custodial login details? mydeposits has always been helpful. If this is how you protect deposits, log in using the form below. Do all this within 30 days and you’ve complied. No extra clauses for your tenancy agreement. This means you must: Protect the tenant's deposit with a government approved scheme within 30 calendar days of receiving it from the tenant With both Custodial and Insured options, we have your deposits covered. It’s good to have them at the end of the phone if I have any queries. Join here Haven't activated your account with mydeposits yet? Log in and take care of your deposit whenever you need to. Mydeposits has been given government approval to operate a custodial based tenancy deposit protection scheme in England and Wales from April 2016. Agent joining options; Landlord joining options; Why Switch; Login. Log into mydeposits insurance. We hold the deposit in a designated account. Provide your tenant with the proof that their deposit is protected. All deposits must be lodged with us within the first 14 days of receiving it. TDS’ custodial scheme is completely free for landlords to join and use. After researching the schemes available, I decided to use the TDS and have been very happy with the service and professionalism. Contact us today. Our insurance scheme means you paid to join mydeposits Since April 2007, all landlords who take a deposit from their tenant on an Assured Shorthold Tenancy (AST) in England and Wales* must comply with the tenancy deposit protection legislation. Calls are charged between 1p and 13p per minute for landline customers. Our custodial scheme means that you joined mydeposits for free and transfer the deposit money to us to hold. This is how you protect deposits with mydeposits Northern Ireland Executive to protect their 's! Wales and Scotland ideal for landlords to join and use now operate an Insured custodial! Agents custodial ; Search 'm ready to activate my account » Login » custodial Login given... Receiving it your tenants ’ deposits directly and we hold onto these the... 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