Tenant Deposits: The Low Down

Minesh Patel22 Jul, 2022Finance

Deposits are there to give a landlord, protection against any damage or non-payment of rent against their property. Typically a deposit will be returned to tenants at the end of a tenancy upon satisfactory completion of a condition report. The landlord must put a deposit in a government-approved tenancy deposit scheme (TDP) if the property is on an assured short hold tenancy that started after 6 April 2007.