Tenancy deposit protection

Advice for your clients

Buy to Let is becoming even more popular as an investment choice. With more of your clients becoming first time landlords, it's important they are up to date on the latest changes to deposit protection schemes.

Shelter, the housing & homelessness charity, provide useful information and best practice advice for landlords on their deposit protection website.

Rules on tenancy deposits changed in May 2012 and landlords who don't protect their tenants' deposits within 30 days may be liable for a fine of up to 3 times the deposit value - so make sure your clients are protecting themselves and their tenants.

You can get straightforward information and best practice advice for your clients by visiting Shelter's website.