What is TDS?

The Tenancy Deposit Scheme came into force on the 6th April 2007 and was set up to service three principal objectives:

1 Protect deposits through the tenancy

2 Ensure the return of the deposit promptly at the end of the tenancy, where there is no dispute about the deposit

3 Where there is a dispute about the deposit at the end of the tenancy, ensure it is dealt with fairly and quickly by the Independent Complaints Examiner (ICE)

The following link will explain how you can protect your tenant’s deposit and how to resolve any disputes that may arise at the end of a tenancy.

http://www.direct.gov.uk/