This option enables the landlord or letting agent to lodge the tenancy deposit with my|deposits Northern Ireland to hold for the duration of the tenancy.
It is completely free for landlords and agents to join and use. All deposits must lodged with us within the first 14 days of receiving it. Information about the deposit protection must be given to the tenant within 28 days of receipt of the deposit.
We safeguard the deposit in a segregated, secure bank account. At the end of the tenancy both parties must use unique release codes to authorise the repayment of the deposit. We are here to help if there is a dispute over proposed deductions to the deposit.