DPS to launch new "insurance"-based version of their deposit scheme

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    #16
    Originally posted by thesaint View Post
    I think you'd be better off sticking with your premium bonds or your 0.5% deposit account.
    Yes perhaps.
    I'm not sure that reputable letting agents have that much choice either considering for example ARLA bye-laws:

    Access to, or availability of, Client money
    3.5
    A Member must ensure that at all times; all client money is held in client bank accounts and is available on demand to clients without undue delay or penalty. (For the avoidance of doubt, client money must not be placed or held in “off-shore” accounts or fixed/variable rate Term Bonds or similar Funds or arrangements.)

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