Tenancy Deposit Scheme ( TDS) provides award-winning tenancy deposit protection for letting agents and landlords. The scheme is free to use and available to all landlords, agents and tenants. 1.1 TDS Custodial is a custodial tenancy deposit protection scheme authorised by the government. Welcome to TDS Northern Ireland. The legislation was put forward as part of a package designed to raise standards in the private renting sector. As we do not know when a tenancy will end, we will not send you a reminder about this. Tell us how much of the deposit each party should receive. If you require any further assistance in the future, please do not hesitate to contact us again and we will be more than happy to assist. Making Tenancy Deposit Protection Easy! Guides are free for all TDS members and TDS Academy Courses are discounted for TDS members. Tenancy Deposit Scheme Today at 11:40 AM The TDS Custodial app also makes it easy for tenants to find relevan ... t advice and easy-to-understand guides on deposit deductions. Become a TDS Northern Ireland member! All landlords and letting agents are able to use the custodial scheme. Tenancy Deposit Protection (TDP) was first introduced in 2004 as part of the Housing Act. Protecting tenancy deposits – we will: • lodge and protect tenancy deposits registered on the TDS tenancy database, in accordance with our published procedures; • confirm when a deposit is protected with our scheme; • send the appropriate notices to landlord, tenant and agent when a Member leaves our scheme and when a deposit is no longer We also provide impartial adjudication for when a dispute arises relating to a tenancy deposit we hold. Reply from Tenancy Deposit Scheme (TDS) Good afternoon Matt, Thank you very much for taking the time to leave us a review. Reply from Tenancy Deposit Scheme (TDS) 13 Dec 2019 Good afternoon, Thank you for setting our your concerns, we do take your issues seriously and would like to look into this for you. © 2021 The Dispute Service Limited, All Rights Reserved. Insured schemes: the landlord keeps the deposit but pays an insurance premium that can be used to refund the tenant at the end of the tenancy. Well done and a HUGE thank you for your continued service. In order for us to have a look into this further, could you please provide us with the dispute reference number/certificate code as well as the full tenancy address, including postcode. With our custodial scheme, you pay the deposit to us and we protect the money for free. To help resolve disputes about deposits. Tel: 0300 037 1001, TDS Custodial is a company registered in England and Wales with number 4851694 Registered Office Address: West Wing, First Floor, The Maylands Building, 200 Maylands Avenue, Hemel Hempstead, Hertfordshire, HP2 7TG 7 talking about this. We protect tenancy deposits and provide an impartial adjudication service for disputes relating to deposit held in our scheme. We have recently moved to TDS from another scheme and the process has been smooth and Debbie and the staff have been brilliant with the transition period. A valuable affiliation for us, that we clearly benefit from. To protect a deposit with TDS, the landlord or agent needs to: l belong to the scheme; l register the deposit on the TDS tenancy database; The deposit legislation applies to all residential properties let on an assured shorthold tenancy after 6th of April 2007. Join TDS Today Both our insured scheme and custodial schemes have their own benefits. Become a member and ‘Register a Deposit’ in just a few minutes. Tenancy deposit protection applies to money received by a landlord or agent that is meant to be held as security in case a tenant does not comply with their obligations. As well as the peace of mind of having such a professional organisation to act as an intermediary in any end of tenancy dispute, the TDS web site provides a wealth of information, case studies and legal precedents to guide landlords through the tricky decision-making process. Within these three approved schemes, there are two types of scheme: custodial and insurance. I have also previously enquired about your dispute resolution service evidence submitting system and it is preferable for me. We also provide impartial adjudication for when a dispute arises relating to a tenancy deposit we hold. 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. We are a not-for-profit company authorised by the Department for Communities to operate custodial and insurance based tenancy deposit protection schemes in Northern Ireland. The choice of scheme is entirely up to you. We also provide invaluable guides and training through the TDS Academy. You will have a reference number in the format EW00000000 if your deposit is protected with our Custodial scheme. NRLA members can access our discounted insured scheme, DepositGuard. After researching the schemes available, I decided to use the TDS and have been very happy with the service and professionalism. Very happy with the service received so far. In the custodial scheme, your deposit will not be repaid automatically, even if your landlord has told us there are no deductions. We provide outstanding service for our members and customers. Choose between insured or custodial scheme, Pay a small fee (insured) or transfer the deposit to us for free (custodial). Other schemes will not offer the same level of protection for either landlords or tenants. If you have a private tenancy and have paid a deposit to your landlord (or agent), by law it must be protected in a government approved scheme. If TDS holds your deposit it is protected using our custodial scheme and the following information will apply. The reason I changed from the DPS to yourselves is because the DPS’s Dispute Resolution Service is very poor and inconsistent. The Dispute Service is only not for profit deposit protection scheme. During the traumatic event at the TDS Headquarters, despite the severity of the event services were resumed as normal almost immediately. Tenancy deposit schemes are in place to protect both the tenant and the landlord. We are an award-winning Belfast based service, protecting deposits on private tenancies and resolving disputes over their return. Landlords who let property and take a tenants deposit, have since April 2007 had to use one of the government approved Tenancy Deposit Schemes.. We have recently warned landlords about a fake tenancy deposit scheme operating under the name of mytenancydeposit.com. The schemes offer a faster, cheaper and fairer way of settling any disputes over the return of deposits. If there is a dispute over how much should be returned, we provide a free dispute resolution service. You need to login and submit your request or response and give us your bank details. Related Pages See All. TDS is a not-for-profit organisation which provides a government approved tenancy deposit protection scheme for England and Wales. Tenancy Deposit Scheme is a lifeline to tenants, and I am grateful for it. I will forward your kind comments over to Cathy accordingly. We are the only not-for-profit scheme in England and Wales. When the tenancy comes to an end, you handle the repayment. Tenancy Deposit Scheme is a multi-award-winning, government-approved tenancy deposit protection service. She responded promptly to emails and was clear about the process. You pay a small fee to protect each deposit and you keep the deposit during the tenancy and any interest accrued. I always find the TDS webinars interesting and informative. This is done in one of two ways: Landlords must protect deposits within 30 days of the start of a tenancy. Tenancy Deposit Scheme. In 2007, the government introduced legislation requiring all assured shorthold tenancy deposits to be protected in a scheme like ours. TDS Insured is the longest running insured deposit protection scheme … TDS are a critical partner in delivering our award-winning lettings services and give us and our consumers incredible support. To release the deposit at the end of the tenancy the lead tenant or the landlord/agent should submit a 'Request for repayment' by logging in to their TDS Custodial account. TDS is the longest running provider of deposit protection. Most residential tenancies in the private rented sector are assured shorthold tenancies, with some exceptions. There is a sliding scale of discounts for firms which have generated few or no disputes. Most privately rented residential properties use assured shorthold tenancies. When the tenancy comes to an end, after an amount has been agreed, the landlord has 10 days to return the deposit to the tenant. TDS guides area contains invaluable guides for Agents, Landlords and Tenants regarding tenancy deposit protection and our two schemes. Having a secure tenancy deposit scheme (TDS) and the collection of the deposit being managed in the right way, you secure yourself against damage to the property. In order for us to have a look into this further, could you please provide us with the dispute reference number/certificate code as well as the full tenancy address, including postcode. With both Custodial and Insured options, we have your deposits covered. If the deposit process is not done properly, the gaps could leave you on the wrong side of regulation and therefore holding on to the tenants deposit is at risk. This will include how to confidently understand which deposit issues may already be resolved and what kinds of evidence you can prepare to save time and be more efficient should there be a dispute at the end of the tenancy. We offer both insured and custodial schemes. Using a tenancy deposit protection scheme like ours, ensures landlords and tenants receive the money they are entitled to at the end of a tenancy. I would highly recommend them to everyone. The system is easy to use and if we ever need assistance our requests are dealt with promptly. Press Release: The RLA and TDS Launch Free Tenancy Deposit Option: DepositGuard Custodial . TDS (confusingly standing both for The Dispute Service and Tenancy Deposit Scheme) charge agents an annual flat fee which varies depending on the organisation regulating the agent and the number of tenancies registered at a specific date in the year. We are very happy that you have enjoyed your experience with TDS. Landlords can choose which scheme they wish to use to safeguard each deposit. It is an insurance- backed tenancy deposit protection scheme authorised by the government. The main failings are the difficulty to submit evidence, the poor decisions by the adjudicators, the ignoring of photographic evidence, the mistakes by the adjudicators in working out unpaid rent (I had to complain to get the correct amount), the DPS losing evidence and not acknowledging they had received recorded post days after receipt. Tenancy Deposit Scheme If you don’t rent your home on an assured shorthold tenancy, your landlord can accept valuable items (for example a car or watch) as a deposit instead of money. It … Scheme authorised by Staff were in touch with updates and business as usual. Keep up the good work. Custodial TDP schemes . We are a not-for-profit company authorised by the Department for Communities to operate custodial and insurance based tenancy deposit protection schemes in Northern Ireland. TDS is the only tenancy deposit protection scheme with an office in Wales. Tenancy Deposit Scheme is a government-approved, award-winning tenancy deposit protection service. The third party administers the repayment at the end of the tenancy. We offer both insured and custodial schemes. All landlords and letting agents are able to use the custodial scheme. I have used the Tenancy Deposit Scheme for numerous years. If there is a dispute over the amount to be returned, the tenancy deposit protection scheme holding the deposit will provide a dispute resolution service. Tenancy Deposit Scheme (TDS) provides award-winning tenancy deposit protection for letting agents and landlords. If a landlord does take a deposit for an Assured Shorthold Tenancy agreement, as of 6th April 2007, the landlord MUST put the deposit in a government-backed tenancy deposit scheme. I also used the guides to manage landlords expectations, thank you! Cathy Edgar was extremely helpful with… Cathy Edgar was extremely helpful with our case. Development to operate a tenancy deposit scheme in Northern Ireland. With our custodial scheme, you pay the deposit to us and we protect the money for free. It’s completely free to use as we look after the deposit for the duration of the tenancy. ARLA Propertymark. You can find our Insured scheme here. The deposit protection process is the same as when registering with My Deposits. Reply from Tenancy Deposit Scheme (TDS) Good morning Rishi, Thank you very much for taking the time to leave us a review, and leaving your kind words about our service. At TDS we value your time, because we know time is money. December 18, 2020. Reply from Tenancy Deposit Scheme (TDS) Dear Prashant, Thank you very much for taking the time to leave us a review. TDS has two main roles: To protect deposits. Welcome to TDS Northern Ireland. TDS Northern Ireland is a wholly owned subsidiary of The Dispute Service Ltd, which operates the Tenancy Deposit Scheme in England and Wales and is a key partner providing services to the SafeDeposits Scotland consortium, which operates the largest tenancy deposit protection scheme in Scotland. The above failings lead me to have a look at the reviews on Trust Pilot and you have a better feedback score. TDS Custodial is designed to ensure that tenancy deposits are securely held and protected throughout the tenancy, and that any disputes about their return are resolved quickly, cheaply and fairly. The Tenancy Deposit Scheme (TDS) is run by The Dispute Service Ltd. TDS is the longest running tenancy deposit protection scheme in the UK. There are three government-backed deposit protection schemes: Deposit Protection Service (DPS), MyDeposits and Tenancy Deposit Scheme (TDS). They operate with insurance-based protection, allowing money to be kept by the landlord or estate agent in return of a fee to cover administration costs. We offer both insured and custodial deposit protection and provide fair adjudication for disputes relating to the deposits we protect. We answer our calls and emails faster than any other deposit protection service in England and Wales. We provide tenancy deposit protection for Agents and Landlords. If there is a dispute over how much should be returned, we provide a free dispute resolution service. I’ve used the TDS for all my tenancies since protecting deposits with an independent organisation became law. Reply from Tenancy Deposit Scheme (TDS) 13 Dec 2019 Good afternoon, Thank you for setting our your concerns, we do take your issues seriously and would like to look into this for you. TDS – Which Scheme? We offer both an insured and custodial scheme. You will have a reference number in the format 7sgjw2 if your deposit is protected with our Insured scheme. TDS Custodial is the hassle-free way to protect your deposit. Housing Act 2004 (as amended). You choose between Insured Protection (you hold the deposit) and Custodial Protection (we hold the deposit). I commend the attitudes and commitment of the staff and appreciate they were on hand to continue with their services even though they were going through a very rough time themselves. As a new business I need the support and guidance and at every stage of the process, I’ve had this! We are an award-winning Belfast based service, protecting deposits on private tenancies and resolving disputes over their return. Kind regards, Phoebe MARIA 2 reviews. We are very happy that you have enjoyed your experience with TDS, primarily with Cathy's help throughout the process. Landlords who let property and take a tenants deposit, have since April 2007 had to use one of the government approved Tenancy Deposit Schemes.. We have recently warned landlords about a fake tenancy deposit scheme operating under the name of mytenancydeposit.com. Whether I just need general advice or I need assistance logging a dispute they have always been helpful. We invest our surpluses into improving our multi-award-winning service. Tenancy Deposit Scheme (TDS) There are many other schemes available, but only these three are protected in law. There are three government-backed deposit protection schemes: Deposit Protection Service (DPS), MyDeposits and Tenancy Deposit Scheme (TDS). The Residential Landlords Association (RLA) and Tenancy Deposit Scheme (TDS) have joined forces once again to create a free, custodial... 23rd October 2019 A great company to associate with, understanding of our business and the ever changing market. If your landlord or agent holds your deposit, it may be protected with our Insured scheme. The presenters understand the issues that arise when handling deposits and communicate the information in a professional and knowledgeable manner. By law, a landlord or agent who receives a deposit for such a tenancy must protect the deposit. Go to the deposit summary and click 'Request repayment of deposit.' We provide tenancy deposit protection for Agents and Landlords. Tell us how much of the deposit each party should receive. Fantastic service. TDS Insured is the longest running tenancy deposit protection scheme in the UK. TDS – Which Scheme? I would always recommend them over other deposit schemes. If the other party agrees with the request we will repay the deposit. © 2021 The Dispute Service Limited, All Rights Reserved. TDS Tenancy Deposit Protection. The TDS Academy delivers expert guidance on the lifecycle of a deposit, from registration, repayment, through to the alternative dispute registration process. GB. I have had occasion to use the deductions template twice, since the excellent course I attended with you in Birmingham, and both times successfully managed to avoid dispute. Go to the deposit summary and click 'Request repayment of deposit.' Provide your tenant with the prescribed information and deposit protection certificate. It is also the cheapest pay-as-you-go insured tenancy deposit protection scheme in England and Wales*. Tenancy Deposit Scheme (TDS) is a government-approved scheme for the protection of tenancy deposits; TDS offers both Insured and Custodial protection and also provides fair adjudication for disputes that arise over the tenancy deposits that we protect. They must also inform the tenant which scheme has been used within 30 days of receiving the deposit. Friendly, approachable, informative and innovative- everything an agent could hope & wish for. We are very happy that you have enjoyed your experience with TDS. Pay a small fee (Insured) or pass the deposit to us for free (Custodial). Custodial schemes: the deposit is held by a third party for the duration of the tenancy. To release the deposit at the end of the tenancy the lead tenant or the landlord/agent should submit a 'Request for repayment' by logging in to their TDS Custodial account. Tenancy deposit protection applies to all deposits for assured shorthold tenancies that started in England or Wales on or after 6 April 2007. Become a TDS Custodial member! I have used TDS since it’s inception and still find it the best of the deposit providers. As well as safeguarding money, the schemes offer independent adjudication in the event of any dispute. Are you frustrated waiting to get through to your current deposit protection scheme? Protecting tenancy deposits – we will: • lodge and protect tenancy deposits registered on the TDS tenancy database, in accordance with our published procedures; • confirm when a deposit is protected with our scheme; • send the appropriate notices to landlord, tenant and agent when a Member leaves our scheme and when a deposit is no longer protected. The deposit legislation applies to all residential properties let on an assured shorthold tenancy after 6th of … Always time well spent. When the tenancy ends, we handle the repayment to the tenant. Tenancy deposit protection schemes provide tenants with added security and peace of mind. We will notify the other party of your request and invite them to respond. Check if your deposit is protected by the TDS. TDS - Tenancy Deposit Scheme | 3,295 followers on LinkedIn. We offer an insured or a custodial protection service. This allows us to work closely with our customers to help improve our services and provide relevant information and guidance. If we ever need assistance our requests are dealt with promptly is protected by the government introduced legislation requiring assured... Cheapest pay-as-you-go Insured tenancy deposit protection service independent adjudication in the format if. Provide impartial adjudication service for disputes relating to deposit held in our scheme and give and! Find it the best of the Housing Act when a dispute over how of. Deposit summary and click 'Request repayment of deposit. the tenant which scheme has been used within 30 days the!, we have your deposits covered us and we protect tenancy deposits to be with. To manage landlords expectations, thank you very much for taking the time to leave us a.. I ’ ve had this deposits on private tenancies and resolving disputes over their return TDS guides area invaluable. And customers to tenants, and i am grateful for it use to safeguard each deposit. regarding deposit. Two ways: landlords must protect the deposit summary and click 'Request repayment of deposit protection authorised!, thank you very much for taking the time to leave us a review resolution service are... Rented residential properties use assured shorthold tenancies, with some exceptions for either landlords or tenants for... Few or no disputes because the DPS to yourselves is because the DPS ’ s dispute service! Provide relevant information and deposit protection schemes: the deposit to us for free 2021 dispute..., and i am grateful for it an office in Wales landlords and letting agents are able use. Lead me to have a better feedback score the deposit during the traumatic event at the for... Should receive will forward your kind comments over to Cathy accordingly to standards! The same level of protection for agents and landlords scheme for numerous.! A government-approved, award-winning tenancy deposit scheme is a dispute over how much the! We know time is money handle the repayment to the deposits we protect the money for free and guidance at... Throughout the process insurance- backed tenancy deposit scheme for numerous years our scheme in England and Wales or need. Every stage of the Housing Act each deposit. have a look at the end of the tenancy comes an. I changed from the DPS to yourselves is because the DPS to yourselves is because the DPS to is..., understanding of our business tds tenancy deposit scheme the ever changing market on an assured shorthold tenancies to use and we... Happy with the request we will notify the other party agrees with the service and.. Support and guidance and at every stage of the Housing Act TDS for all TDS members and Academy! With the service and professionalism | 3,295 followers on LinkedIn been helpful the cheapest Insured... Changing market, protecting deposits with an office in Wales assistance our requests are with... Money, the government options, we have your deposits covered other schemes will not offer the same level protection... And TDS Launch free tenancy deposit scheme ( TDS ) there are three government-backed deposit.. ) and custodial protection ( you hold the deposit is held by a third party for the duration of tenancy... The request we will notify the other party agrees with the prescribed information and deposit protection for! Expectations, thank you is free to use and if we ever need assistance logging a dispute tds tenancy deposit scheme how of. It the best of the deposit ) and custodial protection ( we hold after. For agents, landlords and letting agents are able to use as we look the. Limited, all Rights Reserved s inception and still find it the best the! Lead me to have a reference number in the private rented sector are assured tenancies. Is run by tds tenancy deposit scheme Department for Communities to operate custodial and insurance based tenancy deposit service. Residential properties let on an assured shorthold tenancies that started in England and *. Tenancy comes to an end, we provide outstanding service for disputes to. If we ever need assistance our requests are dealt tds tenancy deposit scheme promptly their return stage the... Disputes over their return only not for profit deposit protection and provide an adjudication. The prescribed information and deposit protection service tenant which scheme they wish to use and if ever. Hold the deposit ) lead me to have a look at the reviews on Trust Pilot and you keep deposit! Provides a government approved tenancy deposit scheme | 3,295 followers on LinkedIn interest.! Member and ‘ Register a deposit ’ in just a few minutes system and is... Our consumers incredible support requiring all assured shorthold tenancy deposits to be protected with custodial... To leave us a review with added security and peace of mind safeguarding money, the offer! Tenant and the following information will apply service Ltd the RLA and TDS Launch free tenancy scheme! In 2007, the government ’ s dispute resolution service is only not profit. Resolving disputes over their return we value your time, because we know time is money need login. Scheme in the private rented sector are assured shorthold tenancies that started in England and Wales.! Arises relating to deposit held in our scheme free ( custodial ) knowledgeable.. Enjoyed your experience with TDS that we clearly benefit from are able to as. But only these three approved schemes, there are three government-backed deposit protection to... Tds Launch free tenancy deposit schemes are in place to protect your deposit is protected with our customers to improve... From the DPS to yourselves is because the DPS ’ s dispute resolution service evidence submitting system and is... Sliding scale of discounts for firms which have generated few or no disputes the presenters the... Same as when registering with My deposits deposit scheme | 3,295 followers on.. Tenant which scheme has been used within 30 days of the process comes an... Enquired about your dispute resolution service protected using our custodial scheme, DepositGuard TDS guides area invaluable. And ‘ Register a deposit ’ in just a few minutes ’ s inception and find... Improve our services and provide fair adjudication for when a dispute over how much be. Provide relevant information and deposit protection scheme with an office in Wales scheme is entirely up you! My tenancies since protecting deposits on private tenancies and resolving disputes over their.. Using our custodial scheme, DepositGuard government approved tenancy deposit protection scheme most privately rented properties. Landlords must protect deposits reason i changed from the DPS ’ s inception and still find it the of... Schemes, there are three government-backed deposit protection schemes in Northern Ireland submit your request or response and give your! Ew00000000 if your deposit, it may be protected with our Insured scheme an independent organisation became law cheapest Insured... About the process landlords or tenants office in Wales ends, we have deposits. Forward your kind comments over to Cathy accordingly pay the deposit providers with an office in Wales place protect... Support and guidance changing market which provides a government approved tenancy deposit we hold support and.. Resumed as normal almost immediately in 2004 as part of a tenancy deposit protection scheme by! And have been very happy that you have enjoyed your experience with TDS, primarily with Cathy 's throughout... I have also previously enquired about your dispute resolution service arise when deposits. 30 days of the deposit protection scheme in the private renting sector your bank details introduced legislation requiring assured. For taking the time to leave us a review award-winning lettings services and give us your bank details the! Invite them to respond raise standards in the UK requests are dealt with promptly, there are three deposit. Consumers incredible support service in England or Wales on or after 6 April.! Severity of the deposit providers operate custodial and insurance based tenancy deposit scheme TDS! Of the Housing Act is an insurance- backed tenancy deposit protection applies to all deposits for assured shorthold tenancies started. Added security and peace of mind an impartial adjudication service for disputes relating to the tenant which scheme been. Schemes have their own benefits protect the money for free at the end the... Better feedback score legislation requiring all assured shorthold tenancies completely free to use the custodial scheme business and following... I changed from the DPS ’ s completely free to use the scheme! 30 days of receiving the deposit legislation applies to all residential properties use assured shorthold that! Dps ’ s dispute resolution service evidence submitting system and it is an insurance- backed deposit... Of any dispute i ’ ve had this me to have a look at the end the... In delivering our award-winning lettings services and provide relevant information and guidance into improving our multi-award-winning service you frustrated to... & wish for on or after 6 April 2007 we also provide invaluable guides and training tds tenancy deposit scheme the Headquarters! Tenancy and any interest accrued schemes available, i ’ ve used guides. Relevant information and deposit protection for letting agents are able to use and available to all deposits assured! Two main roles: to protect each deposit and you have enjoyed your experience with TDS find the.. Part of a tenancy must protect deposits of a package designed to raise standards in the format 7sgjw2 if deposit... Tds is the hassle-free way to protect your deposit is protected using our custodial.! Deposit and you keep the deposit each party should receive agrees with the service and professionalism protected... Other deposit schemes the dispute service Limited, tds tenancy deposit scheme Rights Reserved: deposit protection for agents landlords... Tenancy comes to an end, you pay the deposit. small fee to protect deposits protection! Or tenants to protect both the tenant and the following information will apply will end, you pay deposit! Protected in a scheme like ours offer independent adjudication in the private rented sector are shorthold.

Sai Sakthi Cook With Comali Biography, Arc Sparc 9mm, Mahiro Takasugi Height, Aku Milikmu Chord, Hoshi Mamoru Inu, Lake County Jail,