There are strict rules surrounding the protection of tenancy deposits. Landlords who rent out their properties on an assured shorthold tenancy must comply with these rules or face severe penalties. Any deposit taken must be protected within 30 days of receiving it within one of the required schemes. The landlord must also provide all of the prescribed information to the tenant within 30 days of receipt of the deposit. For legal advice on this issue or assistance with related claims please contact our landlord and tenant department.
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