Landlords still keeping deposits

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    Landlords still keeping deposits

    I was in a conversation with another LL the other day who gave me to understand it was his impression that a fair proportion of landlords in the locality are still routinely keeping deposits and cocking a snook at the law.

    I was taken by surprise.

    Does anyone have a feel for how widespread this is?

    Difficult to know, as the dodgy, non-compliant ones are hardly going to broadcast it from the rooftops. Also, of course, not all deposits are required to be in a scheme - only AST's begun after April o6...

    Students certainly seem to know about the TDS and ask about it before signing up. (I don't have any experience of other kinds of tenants).
    'Pause you who read this, and think for a moment of the long chain of iron or gold, of thorns or flowers, that would never have bound you, but for the formation fo the first link on one memorable day'. Charles Dickens, Great Expectations


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