Designed for landlords and agents who prefer to keep hold of the deposit.
You hold the deposit in your bank account for the duration of the tenancy.
(Agents must use a segregated account)
Open to all landlords and agents.
Once you have received the deposit from your tenant you have:
A tenant can report a landlord/agent to the local council if they fail to protect, and/or provide key information within the specified time limits.
Councils have the power to issue fixed penalties.