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Tenancy deposit schemes go live

Members are reminded that three Tenancy Deposit Schemes will officially launch on MONDAY 2nd JULY.

Under the Tenancy Deposit Schemes (Scotland) Regulations 2011, the legal duties on landlords are:

  • to pay deposits to an approved tenancy deposit scheme, and
  •  to provide the tenant with key information about the tenancy and deposit.  

For more detail please see our Information Sheet, PRS 18: Tenancy Deposit Schemes Go Live.  We would like to thank Bidwells for preparing this Information Sheet.

The Scottish Government website  also provides detail on the Scheme operators and frequently asked questions for landlords and letting agents.

 

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