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Two more Tenancy Deposit Schemes approved

Housing Minister Keith Brown has approved two more tenancy deposit schemes from SafeDeposits Scotland and Mydeposits Scotland.

The first tenancy deposit scheme – administered by Letting Protection Service – was approved by Ministers in April. All three schemes will operate across Scotland from 2 July 2012 when the legal requirement to submit deposits into a scheme will begin.

The schemes will be free to join and aim to protect the reputation of the majority of private rented sector landlords who act professionally and responsibly.

More information:

Further information about what tenancy deposit schemes means for landlords can be found on the Scottish Government website

or on the individual scheme web sites:


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