Posted on 18th August 2017 at 12:33
According to government figures Deposit's valued upto £300,000 were unsecured in the first quarter of 2017. Many Landlords across the country are breaching tenancy deposit rules by not securing the tenants deposit in a deposit protection scheme. This breach can prove to be very costly for Landlords as failing to protect the deposit would allow the tenant to claim compensation upto 3 x the amount of their deposit. Failure to register your deposit within 30 days of receipt as well as providing the correct prescribed information within 30 dasy of receipt would mean you may be entitled to a claim under the Housing act 2004.
Tenants are in a position to claim compensation if the Landlord:
• Takes too long to place your tenancy deposit in a protection scheme
• Does not provide you with information in regards to the tenancy deposit protection scheme
• Does not place the tenancy deposit in a protection scheme
If you believe your Deposit has not been protected or you did not receive the prescribed information within 30 days, then start your claim here