Deposit Protection Scheme - tenant renewing for another year?

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  • Deposit Protection Scheme - tenant renewing for another year?

    Hi

    Hope someone can help please.

    I have a tenant's deposit lodged with the Deposit Protection Scheme. The tenant is renewing the tenancy for one more year - do I need to notify the DPS or is there any other admin I need to do regarding the deposit?

    I can't seem to see anything on the DPS website about this.

    Huge thx!

  • #2
    If you issue a new contract, you have to re-protect the deposit, and re-provide the prescribed information. Call the DPS to find out the procedure for re-protecting.

    Comment


    • #3
      Of course, no new protection is needed if T merely remains in situ on a statutory continuation tenancy. A renewal, however, is a new letting.
      JEFFREY SHAW, solicitor [and Topic Expert], Nether Edge Law*
      1. Public advice is believed accurate, but I accept no legal responsibility except to direct-paying private clients.
      2. Telephone advice: see http://www.landlordzone.co.uk/forums/showthread.php?t=34638.
      3. For paid advice about conveyancing/leaseholds/L&T, contact me* and become a private client.
      4. *- Contact info: click on my name (blue-highlight link).

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