Renting: protecting your deposit

Renting and rent protection

There are several risks to consider when renting. Chiefly, you transfer a large deposit to your landlord or letting agent and may wish to know that, assuming you keep the property intact, will get it all back at the end of the tenancy.

How to protect your deposit?

When you transfer the deposit, your money should be put aside and protected by an independent company in a deposit protection scheme.

How do I know if my landlord has put me in the deposit protection scheme?

Other than asking the landlord to produce the necessary documentation, there is a quicker and more hassle free way of knowing.

There are websites that allow you to check that your landlord has protected your deposit within the scheme. You can use some of the below sites:

Go on one of the sites and confirm that your deposit is in the protection scheme. You will also find guidance on what steps to take if your landlord has not placed your deposit within the scheme.

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