Important changes to deposit protection for tenancies over £25,000 a year
Important changes to deposit protection for tenancies over £25,000 a year
25 March 2010
The Deposit Protection Service (DPS) has welcomed the new rules relating to the protection of deposits on tenancies worth between £25,000 and £100,000 a year, due to come into force from October 2010. Previously, tenancy deposit legislation covered Assured Shorthold Tenancies (ASTs) of up to …