Learn from security deposit case studies

01/08/2025

Learn from security deposit case studies

If landlords take security deposits, they must protect them in a government approved scheme. We still receive regular reports of deposits not being protected and/or the requirements of the deposit scheme not being met. Failure to protect the deposit and provide the required information, could have financial consequences, and restrict your ability to regain possession.

What do you need to know?

In England and Wales deposits must be registered with one of the authorised schemes, namely: MyDeposits, Tenancy Deposit Scheme or Deposit Protection Service
This must be done within 30 days of taking the deposit
The landlord must comply with the scheme requirements and
The contract holder must be given the required information specified in Section 3 of The Renting Homes (Deposit Schemes) (Required Information) (Wales) Regulations 2022.

The three schemes have very helpful resources on their websites including case studies. They provide advice on what you need to resolve disputes and the practices you could adopt to help secure successful results.