What Is A Tenancy Deposit Claim?
By law, your landlord is required to protect your deposit within 30 days of them receiving it. This is to stop landlords from using the deposit as their own income and to ensure that the deposit is protected when your tenancy is over. They can do this in any of the three government protection schemes
- The Deposit Protection Service
- The Tenancy Deposit Scheme
If they fail to protect your tenancy deposit, they are liable to a penalty of between 1-3 times the amount of the deposit paid. This amount will also be in relation to each breach of this law – if you have renewed your tenancy agreement and there is more than one breach, the penalty could be much larger.
Even if your landlord failed to inform you where your deposit was registered within 30 days, you may be entitled to compensation.
Here at TenancyDepositClaims.co.uk, our experts can quickly tell you whether you have a claim for compensation against your landlord. We work on a No Win, No Fee basis, and can begin your claim within a few hours.
Find out how we can help with your Tenancy Deposit Compensation Claim today.