Tenancy Deposit Claims
If your landlord didn't protect your deposit correctly, you could be owed compensation
What is a Tenancy Deposit Compensation Claim
By law, landlords have an obligation to pay deposits received from tenants into one of 3 tenancy deposit protection schemes, which are;
The tenancy deposit must be protected within 30 days of the date on which the deposit was paid by the tenant.
This law is in place to prevent landlords from using the tenancy deposit as their own income and to ensure the return of your tenancy deposit is handled correctly when your tenancy comes to an end.
If your landlord didn’t protect your deposit correctly, they may have broken the law and you could be entitled to make a tenancy deposit compensation claim. This claim can be worth 1 to 3 times the amount of the tenancy deposit paid.
The final amount of a tenancy deposit claim is calculated per breach of the law. Possible breaches include;
- Failing to protect the deposit within 30 days.
- Failure to protect the deposit during the entire tenancy, for example, if you renew your tenancy agreement.
- Failure to notify and inform the tenant with information regarding to which scheme the deposit is placed.