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tboy

Is There A Tds Or Similar On Higher Priced Rentals?

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I understand the Tenancy Deposit Scheme (TDS) applies only to rentals under £25,000 a year...that's about £480 a week, which in London isn't a whole lot (yes its an outrageous amount to pay for rent but so much of London is above this, I mean!) , and my rent is a bit over this...do I have any protection on my deposit similar to the TDS? Am guessing not, but thought I'd ask...

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I understand the Tenancy Deposit Scheme (TDS) applies only to rentals under £25,000 a year...that's about £480 a week, which in London isn't a whole lot (yes its an outrageous amount to pay for rent but so much of London is above this, I mean!) , and my rent is a bit over this...do I have any protection on my deposit similar to the TDS? Am guessing not, but thought I'd ask...

I agree, rents in London are silly so Reaper isn't quite on the mark however you are right there is no protetcion for deposits over £25k

You just need to follow the old rules and make sure there is either a really good inventory in place or none at all and also take your own photographic evidence when you move in.

If you do have problems don't be afraid to go to court, it is quick simple and easy and the LL has to be able to back up all claims so in the case of no inventory they can't and you win

Edited by Matt Henson

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