Tenancy Deposit Schemes – TDS
05/02/2014
by Angie Newnham
in Conveyancing / Property law
What is a tenancy deposit scheme? Under an assured shorthold tenancy (AST) a landlord must protect a tenant’s deposit by using an authorised tenancy deposit scheme (TDS). The TDS must be operated by an approved scheme administrator. A TDS has two main objectives. These are: To ensure that, when a tenant pays […]