Since the Tenant Fees Act introduced a cap on tenancy deposits for assured short hold tenancies in June this year, there has been confusion over when amounts exceeding the cap should be returned.
Watch back John King, Head of Member Services at TDS, the UK’s longest running tenancy deposit scheme, as he demystifies the deposit cap. He explains when you need to return deposits exceeding the cap, when you don’t and what happens when a tenancy turns periodic.
John will take you through the legislation, providing practical guidance, before opening the floor to your questions.
Why risk a hefty fine by exceeding the cap, or leave yourself less protected by reducing the deposit when you don’t need to? Get the deposit cap right with TDS.