You need to give some amount of tenancy deposit at the beginning if you are staying as a tenant in Wales or England.
While signing the bond with the landlord, you will become aware of all the tenancy rights, including the security deposit. Moreover, there is also a deposit protection scheme claim option to protect rights as a tenant.
It is the duty of every tenant to deposit the initial amount in a unique deposit scheme approved by the Government. This is known as the Tenancy deposit scheme. Every tenant has the right to opt for the Tenancy deposit scheme claim if the landlord fails to make the concerned deposit.
Definition Of Various Schemes
As per English law, every landlord is under the legal obligation to pay back the initial deposit of the tenants. There can be three types of schemes for such deposits. They are :
Tenancy Deposit Scheme: This law states that the landlords get 30 days to inform the tenants about the deposits. If, within this time, the landlord fails to intimate the tenant, he is liable to compensate. Therefore, to state clearly, you get a maximum of thirty days to opt for the claim against the landlord for not protecting deposit.
- Deposit Protection Scheme: The landlord can take an insurance policy to protect the tenants’ deposits. He or she can retain the whole amount of the deposit and pay for the insurance premiums timely. Therefore, if there is any dispute later, the tenant can go for the deposit protection scheme claim directly from the insurance company. It is a more convenient process to pay the agreed amount to the concerned tenant at the time of need.
- My Deposits: Multiple landlords use this government-approved scheme to protect their tenancy rights. It involves a deposit protection service provider to hand over the claimed amount to the tenant when the requirement arises. Thus, it is a highly secure way of claiming tenancy deposit back if the landlord breaches the law of depositing the initial amount.
The tenants can also go for legal advice to get the claimed amount back. Under the non-cooperation circumstance from the landlord, as a tenant, you have all the laws in your favor.
Check The Status Of The Deposits
It is effortless to verify the deposit status. It implies that you can now check whether the landlord is actually protecting your deposits as per the legal schemes. You can go for strict legal actions in the absence of such schemes.
You can seek assistance from a reliable organization dealing with such matters in England or Wales. For such cases, you have to submit your name, initiation date of your tenancy rights, the total amount of deposit, and agreement for tenancy. Moreover, it is essential to mention the postal code of the property you have taken on rent.
The organization will then send a notice to the concerned landlord mentioning the needs and amount of compensation. The tenancy deposit compensation claims will thus force the landlord to give you back three times the amount of your initial deposit.
Final Words
When the action of the landlord is bothering you, please do not hesitate to inform the legal department. After all, it is your right to get protection for all your deposits in England. Furthermore, getting an adequate amount of compensation also falls within your legal rights. Please fill up the claim form correctly to avoid any disputes during the processing of the payment. Do not miss any opportunity for the deposit protection claim. You must be aware of all the legal conditions and rules prevalent in England while signing the tenancy agreement.