NB You should make sure that you do not register the same property or landlord more than once in your online account. Tenancy deposit protection schemes can be one of two kinds: Custodial – this is where the scheme itself holds the deposit during the tenancy. In TDS Custodial we hold onto the deposit on your behalf, and then, with the parties agreement, release it at the end of the tenancy in accordance with the tenant and landlord’s instructions. Backed by. TDS is the longest running tenancy deposit protection scheme in the UK. instructions how to enable JavaScript in your web browser. Friday, 9th of October 2020 by Tds_editor In this week’s #AskTDS, we offer advice to landlords, letting agents and tenants on how to resolv... Read the full post TDS will send you a form automatically if your landlord has not responded within 2 weeks of your request to release your deposit. The Tenancy Deposit Scheme is a multi-award winning, Government-approved provider of tenancy deposit protection and alternative dispute resolution. instructions how to enable JavaScript in your web browser. Welcome to TDS Northern Ireland. The Residential Landlords Association (RLA) and Tenancy Deposit Scheme (TDS) have joined forces once again to create a free, custodial... © 2021 TDS Custodial, All rights reserved, If your landlord or agent holds your deposit, it may be protected with our Insured scheme. Those landlords that have been taking a deposit from their tenant since 6th April 07 should know that they need to use either the “custodial” scheme where a third party holds the deposit or one of the two “insurance” backed schemes allowing the landlord to hold it. If you are logging in for the first time, please activate your account using the code sent by email or by SMS when your landlord/agent registered your deposit. deposit which is held by the TDS Northern Ireland custodial scheme. We approached TDS and they made a fair and logical decision and returned us … If this is how you protect deposits, log in using the form below. Check if my deposit is protected? The TDS Custodial app also makes it easy for tenants to find relevan... t advice and easy-to-understand guides on deposit deductions. TDS has released its latest Annual Review, revealing an impressive 73% growth of their free Custodial tenancy deposit scheme during 2018-19 (financial year). How long have you been trading? Log into your TDS Custodial account and select the “Deposit Management” option. TDS Custodial has now been operating for just over two years and has become the choice for professional lettings agents looking for a robust, easy-to-use Custodial scheme. We provide a number of options for receiving updates by email: All – an email will be sent for any new article or form posted on the website. Student & tenant login | accommod8. Forgotten your custodial login details? Their email is: [email protected] TDS is my deposit protected? To date, the organisation has over 150,000 members, has protected over 1.6 million deposits and resolved in excess of 20,000 disputes. If you would like to know more about landlords’ opinions on pets in properties, Letterbox Issue 7, the quarterly customer magazine from TDS, includes the full survey results. Average rents grow throughout 2020 - The DPS Rent Index Q4 2020 Protect a deposit. With TDS Custodial, your landlord can quickly adjust deposits if one tenant moves out of your property or if you want to split the repayments between tenants. The PDS dedicated helpline is 0330 303 0030. there customer service centre operates Monday to Friday from 08:00 to 18:30. This is particularly useful if you’re a student or living in shared accommodation. Thank you for taking the time to leave us a review about your recent switch from TDS Insured over to our TDS Custodial scheme. In this case, the landlord should repay the tenant the undisputed £800, then pay £200 to the scheme. Recently our landlord wanted to deduct almost 80% of our deposit for small wear and tear. Custodial (TDS hold the deposit) 0300 037 1001 DPS email address? © 2021 TDS Custodial, All rights reserved, Verify your mobile number and set your email address, Verify your email address and set your password, TDS Custodial is a company registered in England and Wales with number 4851694, West Wing, First Floor, The Maylands Building, 200 Maylands Avenue, instructions how to enable JavaScript in your web browser. Tenancy deposit scheme, scotland | deposit protection service. TDS provides great service in terms of resolving disputes. We protect deposits from being lost or unfairly withheld, and resolve disputes where tenants and landlords can't agree how much the landlord can deduct. Tenant Login; Landlord Login; Home; Buy to Let; Landlord ‘All-Inclusive’ Fully Managed Services; Letting with Bassets; Tenant Find Landlord Services; Client Money Protection (CMP) Tenant. TDS Custodial launched on 1st April 2016 after winning a government contract the previous year. The set up was straight forward, this … Tenant submits evidence After you and the landlord exchange details on how each of you wants the deposit to be repaid, TDS Northern Ireland will review these repayment requests to confirm that a dispute exists. Custodial deposit protection is offered by TDS as a completely free service, and as a landlord your will need to pass over the full tenancy deposit to TDS for safe keeping. If you want to view the Letterbox magazine and aren’t a customer of TDS Custodial yet, you can join today for FREE in minutes. We offer the cheapest pay-as-you-go insured scheme in England and Wales*. The tenant disputes £100 of the deductions. Initial a partial repayment of the excess deposit amount. Login | tenancy deposit scheme. Your landlord can choose to protect your deposit with our insured scheme, where they hold the deposit, or the custodial scheme, where they pay the deposit to us. TDS is not currently permitted to charge a fee for deposit protection, but retains the interest on the deposits it holds. You can now filter and sort your deposit protection history. Choosing to partner with the TDS (Tenancy Deposit Scheme) was an easy decision for us to make. In the TDS Northern Ireland custodial scheme deposits are not repaid automatically as we do not know when a tenancy will end or how much of the deposit should be repaid to the tenant. Commenting on its introduction of a custodial scheme, TDS chief executive Steve Harriott said: "We are delighted to extend our established experience to custodial deposit protection in England and Wales. Custodial schemes are most common among landlords. Custodial schemes are where TDS holds the deposit during the tenancy and releases it in accordance with the landlord and tenant’s instructions when the tenancy comes to an end. At the end of the tenancy, we administer the repayment to you and the tenant, after you both agree how much money should be released. Our custodial scheme is where you send us your tenants’ deposits directly and we hold onto these for the duration of the tenancy. Protecting your tenant’s deposit with a government-authorised scheme has been a legal requirement since 2007, and now mydeposits delighted to be able to offer two deposit protection options to help you meet your legal obligations. Yes: Communications log: See what we have sent, when we sent it, and where. Hi, I have to join TDS scheme and have seen two options on their website TDS Insured TDS Custodial The main difference I can see is that in TDS Insured has a fee and you get to keep tenant's deposit and TDS Custodial is free but TDS keeps tenant's deposit. The agent/landlord needs to tell us this by completing an online Repayment Request. TDS Custodial is a government-approved tenancy deposit scheme where the landlord or agent passes the deposit to the scheme to hold for the duration of the tenancy. The Deposit Cap – Tenant Fees Act 2019 From the 1st June 2019 the amount of deposit that can be taken from a tenant at the start of each new Assured Shorthold Tenancy (AST) and the renewal of all existing tenancies will be capped in England as part of the Tenant Fees Act 2019. With much discussion surrounding alternative deposit replacement insurance, the data shows there is continuing growth and interest from agents and landlords in traditional deposit schemes. Select the “Add a new custodial deposit” button. DepositGuard Custodial differs to the Insured scheme in that the deposit is held by TDS as opposed to the landlord holding the deposit. The Differences between Insurance and Custodial Deposit Schemes – What you need to know. Tenancy Deposit Scheme (TDS) is a Government-approved scheme for the protection of tenancy deposits; TDS offers both Insured and Custodial protection and provides fair adjudication for disputes that arise over the tenancy deposits that we protect.. Mydeposits ask you to contact them to get the form. TDS Custodial Scheme. Enter a search term. Tel: 0300 037 1001, TDS Custodial is a company registered in England and Wales with number 4851694 Registered Office Address: West Wing, First Floor, The Maylands Building, 200 Maylands Avenue, Hemel Hempstead, Hertfordshire, HP2 7TG TDS is a not-for-profit organisation which provides a government approved tenancy deposit protection scheme for England and Wales. Custodial landlord login. There is also an FAQ page where tenants … You can use a high street solicitor to witness the signature. Moving from an insured scheme with a letting agent to a personal custodial scheme. Custodial (TDS hold the deposit) 0300 037 1001. Furthermore, the TDS says that … The scheme will then arbitrate and determine the appropriate repayment of the remaining £200. Tenancy Deposit Scheme (TDS) is the only not-for-profit, Government-approved scheme for the … The tenant will then be contacted by TDS, who will invite the tenant to log in, accept the repayment and provide their bank details to make the repayment. There is also an FAQ page where tenants … How do I get my deposit back? I’ve used the TDS for all my tenancies since protecting deposits with an independent organisation became law. Exclusive TDS Partnership. For members of the TDS Custodial scheme, this is made easy with the secure, online communications log feature in your dashboard, ... scheme, for example, you can remove delays, duplication, errors, and paperwork by using the dashboard to update tenant details, manage changeovers, split repayments and view dispute progress. We are pleased to learn of your positive experience with TDS - particularly with Kelly, Anam and John's assistance throughout the acquisition process to the TDS Custodial scheme. If you are using your account for the first time please verify your details below to begin. DepositGuard Custodial enables you to quickly protect your tenants' deposits with the Tenancy Deposit Scheme. However, if you prefer, you can Login to your account to: Request repayment of the deposit (custodial scheme only) View your tenancy deposit protection TDS Northern Ireland’s custodial scheme. Tenancy Deposit Scheme (TDS) recently conducted a survey out of 1,500 customers, which revealed that 70 per cent of landlords don’t feel their tenants should automatically be allowed to keep a pet in their property - … The dispute then proceeds in the same manner as that described for custodial deposits. If you Read more about the TDS dispute resolution service now! That is why we answer our calls and emails faster than any other tenancy deposit protection service in England and Wales. For full functionality of this site it is necessary to enable JavaScript. If you have received an email containing an activation code please verify your email address and enter the activation code below, alternatively you can click on the link within the email. Pre-tenancy Tenant Application & Offer Form Guarantor Form Government “How to Rent” Guide EXAMPLE Tenancy Agreement TDS CUSTODIAL (November 2020). TDS is the longest running deposit protection service in the UK. With both Custodial and Insured options, we have your deposits covered. Dear Tribe First time I am letting the property myself rather than through an agent. You can check this online using the TDS website. Much like the TDS, My Deposits was originally solely an insurance-backed option but launched a custodial service in 2016. You can find our Insured scheme here. All contents copyright 2021 Tenancy Deposit Solutions Ltd (company registered in England, no: 05861648). They are the only provider to offer both Insured and Custodial deposit schemes allowing their member agents to work the way they want. If you have received an SMS message containing an activation code please verify your mobile number and enter the activation code below. The deposit for my tenant was in an insured scheme with a letting agent with the TDS but I wanted to transfer it to my name in the custodial scheme. You have the ability to Renew an existing tenant where you have issued a new AST without the need to re-enter all the tenancy details. TDS custodial protection explained At the start of a tenancy, you transfer your deposit to us and we keep it in a secure bank account for the duration of the tenancy. He wanted to replace old items with new and claimed accordingly. Custodial schemes are free because they are paid for by the interest earned on the deposits while they remain in the scheme. You can find our Insured scheme here. change your cookie settings The highest dispute value was in the insurance scheme, where there was a claim for £32,500 for rent arrears; the highest in the custodial scheme was £5,600 for legal fees. Letting protection service northern ireland: home. change your cookie settings Log into the TDS Custodial site here, Select the deposit protection in question. We are an award-winning Belfast based service, protecting deposits on private tenancies and resolving disputes over their return. Please confirm that my understanding of the new Tenant Fees Ban is correct. DPS email address? Press Release: The RLA and TDS Launch Free Tenancy Deposit Option: DepositGuard Custodial. Information for tenants tenancy deposit scheme northern ireland. Here are the If you Property Search; Tenants’ Guide & Fees; Register as a Tenant; Client Money Protection (CMP) Report a maintenance issue; Tenant Login; News. As a free scheme, there is no cost to pay and it still includes the same award-winning TDS customer service as DepositGuard Insured. at any time. The PDS dedicated helpline is 0330 303 0030. there customer service centre operates Monday to Friday from 08:00 to 18:30. Preloading your Prescribed Information details When you protect a deposit with TDS Northern Ireland, you are required by law to give the tenant “Prescribed Information”. Managing Director (TDS Custodial) What is TDS Custodial? Are you an Agent, Landlord or Tenant looking to request repayment or raise a dispute? Follow the steps below to check. Normally 3 times a week but could be up to daily The growth of the custodial scheme is put down to the tenant fees ban and the deposit cap, meaning that agents are looking to streamline processes to save both time and money. If you have a private tenancy and have paid a deposit to your landlord (or agent), by law it must be protected in a government approved scheme. By contrast, Insured schemes have to be paid for because the landlord or agent holds the deposit. To help explain the differences between the Tenant Fees Act 2019 in England and the Renting Homes (Fees Etc.) How Do Tenancy Deposit Schemes (TDS) Work? As our current tenancy began on 23 March 2019, we are not required to arrange for a partial refund of the deposit currently held, but will amend the amount held at the next renewal in 2020. TDS is the longest running provider of deposit protection. Login | tenancy deposit scheme. This explains what has happened to the deposit and how TDS Northern Ireland protects it. There are two common types of tenancy deposit schemes available for both letting agents and tenants — custodial schemes and insurance-based schemes. Here are the continue we'll assume you are happy to receive them. If your landlord or agent holds your deposit, it may be protected with our Insured scheme. About TDS. Tds custodial: home. TDS Northern Ireland now has a 79% market share. However, if you prefer, you can Landlord must put the tenant's deposit in the government-backed tenancy deposit scheme (TDP), if you rent your home on an assured shorthold tenancy that started after 6 April 2007, in England and Wales, your deposit can be registered with: Deposit Protection Service (Custodial and Insured) MyDeposits, if Capita held your deposit. Your landlord can choose to protect your deposit with our insured scheme, where they hold the deposit, or the custodial scheme, where they pay the deposit to us. Further information on how your deposit will be protected can be found on the TDS website. The Tenancy Deposit Scheme’s free custodial tenancy deposit recorded 73 per cent growth between 2018 and 2019. The Scottish Government's Tenant Hardship Loan Fund is designed to help people who have had their finances or … Testimonials View All. At TDS, we want to provide the best possible service for our members and customers. The data collected by TDS shows that there is rising interest from agents and landlords in traditional deposit schemes. Once the contract is signed you will need to pay the balance of the first months rent and a 5-week security deposit. Landlord and tenant advice is constantly changing. Tel: 0300 037 1001, TDS Custodial is a company registered in England and Wales with number 4851694 Registered Office Address: West Wing, First Floor, The Maylands Building, 200 Maylands Avenue, Hemel Hempstead, Hertfordshire, HP2 7TG If your landlord or agent holds your deposit, it may be protected with our Insured scheme. With TDS Northern Ireland and SafeDeposits Scotland they are able to offer complete UK coverage. For full functionality of this site it is necessary to enable JavaScript. Login Information If you are an NRLA landlord you will need to login to the NRLA website,using your NRLA login, to add or manage TDS tenancy deposits. Information on the Scottish Government's Tenant Hardship Loan Fund A fund which offers interest-free loans to tenants who are struggling with rent arrears has opened for applications. This site makes use of cookies. yes: Pre-populated version of the prescribed information: Making complying with the law quicker and easier. DepositGuard Custodial enables you to quickly protect your tenants' deposits with the Tenancy Deposit Scheme. at any time. There’s always some new law in the making or some court case changing the way landlords work. Home - Welcome to TDS - TDS's start experience including trending news, entertainment, sports, videos, personalized content, web searches, and much more. You also have access to your tenancy deposit information with your own login and can update your contact details and payment details as needed. It shouldn’t take you more than a few minutes. About TDS. 11 talking about this. Amend the deposit easily online without repaying the entire deposit. TDS Custodial; Tenant changeover function: Is one tenant moving out during the tenancy? Login Information If you are an NRLA landlord you will need to login to the NRLA website,using your NRLA login, to add or manage TDS tenancy deposits. TDS survey reveals attitudes towards pets in rented properties. Your landlord can choose to protect your deposit with our, Request repayment of the deposit (custodial scheme only), TDS Custodial is a company registered in England and Wales with number 4851694, West Wing, First Floor, The Maylands Building, 200 Maylands Avenue, instructions how to enable JavaScript in your web browser. The Tenancy Deposit Scheme is a multi-award winning, Government-approved provider of tenancy deposit protection and alternative dispute resolution. To check if your deposit is held by the custodial scheme, check your Deposit Protection Certificate. NEW ALTERNATIVE TO TDS. continue we'll assume you are happy to receive them. The Custodial Scheme is free to use and whenever you wish to protect a deposit, an amount equivalent to the deposit is transferred to TDS who will hold it for the duration of the tenancy. The … Continue reading "Deposit Calculator" LOGIN ACTIVATE ACCOUNT IS MY DEPOSIT PROTECTED? The TDS Custodial app also makes it easy for tenants to find relevan... t advice and easy-to-understand guides on deposit deductions. All deposits are registered with the TDS Custodial scheme. Step by Step 1. Deposit protection schemes and landlords gov. Custodial.tenancydepositscheme.com IP Server: 52.30.138.215, HostName: ec2-52-30-138-215.eu-west-1.compute.amazonaws.com, DNS Server: Uk. I have looked into deposit protection schemes and found options of insured or We pride ourselves in providing the best service for our members and customers. CUSTODIAL SCHEME This quick guide sets out what landlords and tenants need to do at the end of the tenancy to repay a deposit which is held by TDS Northern Ireland. TDS Custodial TDS Insured RICS/ Propertymark members and Housing Associations TDS Insured NALS/Law Society members TDS Insured unaffiliated membership route *Maximum rate you could pay: Free: £10.25 (plus VAT) per tenancy: £11.75 (plus VAT) per tenancy: £13.75 (plus VAT) per tenancy: Low dispute rate discount: N/A: Yes: Yes: No You can find our Insured scheme, We protect deposits from being lost or unfairly withheld, and resolve disputes where tenants and landlords can't agree how much the landlord can deduct. Join TDS Custodial: Where TDS hold the deposit for the duration of the tenancy.Agents, you can protect your deposits for FREE today here.. Or you can request a personalised demo of the database to discuss how TDS Custodial could streamline your deposit protection process here.. We are a not-for-profit company authorised by the Department for Communities to operate custodial and insurance based tenancy deposit protection schemes in Northern Ireland. Tel: 0300 037 1001, TDS Custodial is a company registered in England and Wales with number 4851694 Registered Office Address: West Wing, First Floor, The Maylands Building, 200 Maylands Avenue, Hemel Hempstead, Hertfordshire, HP2 7TG This site makes use of cookies. l Protecting a tenant’s deposit with a government-authorised scheme such as TDS; l Providing the tenant with prescribed information about where their deposit is being protected and how it will be managed. How can we help you? Particularly useful for student accommodation. DPS ask you to use your online account to request the form. Analysis of figures from Hamilton Fraser-owned mydeposits, which provides both insured and custodial schemes, found the number of deposits put in its custodial scheme was up 24.4% annually last year, while use of its insurance-based alternatives has declined 8.3% over the same period. It came to light that evidence my daughters tenants submitted to the TDS actually admitted that they redecorated her house (to an appalling substandard of workmanship) and that it was left in as good as If not better standard than at the start of the tenancy (yeh, right!) Tds Custodial site here, select the deposit protection history much like the TDS dispute resolution service now my. A free scheme, check your deposit, it may be protected our... We 'll assume you are using your account for the first months Rent and a 5-week security.... Deposit deductions you ’ re a student or living in shared accommodation to the... And easy-to-understand guides on deposit deductions deposit option: depositguard Custodial enables to... Want to provide the best service for our members and customers agents to work way. Guarantor form government “ how to Rent ” Guide EXAMPLE tenancy Agreement TDS Custodial site here, select deposit. 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