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SafeDeposits Scotland Blog

Viewing posts matching tag Tenancy-Deposit-Schemes

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Comment on What Tenancies Do SafeDeposits Cover?

What Tenancies Do SafeDeposits Cover?

Posted on Wednesday 31st of October 2012

It is important to highlight the kinds of tenancies that the new regulations cover, and under which tenancies a deposit scheme must be utilised. At SafeDeposits we cover tenancies where the landlord registration provisions in the Antisocial Behaviour etc. (Scotland) Act 2004 apply. This means that, if a landlord must register with their local authority and they require a deposit from their tenant(s), they must also comply with the Tenancy Deposit Regulations. However, there are certain cases...Read More

Comment on Tenant Information - Deposit Protection Schemes

Tenant Information - Deposit Protection Schemes

Posted on Thursday 15th of November 2012

The introduction of deposit protection schemes by the Scottish government was brought about to protect the interests of tenants. The aim is to ensure that any deposit you pay to a local authority-registered landlord or agent is returned to you at the end of your tenancy agreement. SafeDeposits Scotland is one of the certified deposit protection schemes and our role is to hold your deposit for the duration of your tenancy and oversee independent adjudication should any disputes arise. While...Read More

Comment on Awareness of tenancy deposit schemes deadline worryingly low

Awareness of tenancy deposit schemes deadline worryingly low

Posted on Thursday 28th of March 2013

New research commissioned by SafeDeposits Scotland has revealed that over three quarters of people are not aware of tenancy deposit schemes - despite the final deadline for all deposits to be secured being less than two months away. From May 15th 2013 all deposits from privately rented properties must be secured into one of the three government approved tenancy deposit schemes in Scotland, as part of the Tenancy Deposit Schemes (Scotland) Regulations 2011. Despite the imminent deadline,...Read More

Comment on Less than a month left for all deposits to be transferred

Less than a month left for all deposits to be transferred

Posted on Monday 22nd of April 2013

There is now less than a month left until all eligible deposits in Scotland must be transferred to a tenancy deposit scheme. The transfer of deposits has been phased in since the launch of tenancy deposit schemes in Scotland last July - but by 15th May 2013 all eligible deposits must be transferred to an approved scheme. SafeDeposits Scotland, the leading tenancy deposit scheme provider in Scotland, and the Scottish Association of Landlords have joined together to urge landlords to...Read More

Comment on A letting agent's experience of using the scheme

A letting agent's experience of using the scheme

Posted on Wednesday 8th of May 2013

With just one week to go until the final deadline for all eligible deposits to be transferred to a tenancy deposit scheme, we asked one letting agent to tell us his experience of using SafeDeposits Scotland. Scott Weir is Managing Director at Homesure - a Ayr based letting agent, covering Ayrshire and Glasgow, with around 600 properties. He said: "Despite initial reservations about the tenancy deposit scheme coming into force, I have found it to be a refreshing experience that has...Read More

Comment on Landlords urged to beat deposit deadline

Landlords urged to beat deposit deadline

Posted on Tuesday 14th of May 2013

Over half of deposits for private tenancies in Scotland may not yet have been paid into a legally required tenancy deposit scheme - with just one day left until the final deadline to transfer deposits. Based on the latest Scottish Government figures, we estimate that there are up to 56% of tenancies eligible for taking a deposit where a deposit has not yet been paid into a scheme. According to the latest Scottish Government figures up to the end of March there are only 129,164 deposits...Read More