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infinitejustice

14 Day Rule On Deposit Protection

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Is the rule for deposits being protected based on 14 days from when the deposit was taken by the agent and passed to the letting agent / landlord, or from when the tenancy begins?

This affects circumstances where the deposit is paid and contract signed in advance of the tenant getting the keys and moving into the property.

Thanks, Phil.

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The law says:

213-3: "Where a landlord receives a tenancy deposit in connection with a shorthold tenancy, the initial requirements of an authorised scheme must be complied with by the landlord in relation to the deposit within the period of 14 days beginning with the date on which it is received."

http://www.opsi.gov.uk/acts/acts2004/ukpga...4_en_19#pt6-ch4

So it would be from when the LL receives the deposit, not when the tenancy begins

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