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TDS Overview TDS Overview




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18th January 2010

TDS - Fairer Subscriptions on the Way Invoices being issued from this week to lettings agents who are members of the Tenancy Deposit Scheme will show the effect of the new charging system first announced last autumn. Following a detailed analysis of the usage of the Scheme and its Alternative Dispute Resolution (ADR) services, significant discounting has been possible. 85% of all letting agents who are members of the TDS will be charged the lowest rates that are available through insured deposit protection schemes. read more


The Tenancy Deposit Scheme has been established under the Housing Act 2004. It requires landlords to register details of the start and end of all Assured Shorthold Tenancies on which they take a deposit. The Dispute Service (TDS) runs this particular scheme and is required to supply summarised details of all tenancies to [the Department of] Communities and Local Government (CLG).

The Tenancy Deposit Scheme has been set up to service three principal objectives:

1

Protect deposits through the tenancy

2

Ensure the return of the deposit promptly at the end of the tenancy, where there is no dispute about the deposit

3

Where there is a dispute about the deposit at the end of the tenancy, ensure it is dealt with fairly and quickly by the Independent Complaints Examiner (ICE)











Has your deposit been registered with TDS?

You can now check on-line to see if your deposit has been registered with TDS. To find
out how please click on the blue button in the right hand column.