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Blue Crystal

Deadline For Returning Rent Deposit

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Does the law stipulate a deadline for the landlord to return the deposit to the tenant after the termination of the rent agreement, the tenant having moved out and the property is in good order ?

Edited by Blue Crystal

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No as such. The deposit was always the tenant's money and once the landlord knows he has no call on it it should be returned without delay. There can be no excuse for holding onto it.

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No as such. The deposit was always the tenant's money and once the landlord knows he has no call on it it should be returned without delay. There can be no excuse for holding onto it.

 

Hi Aequitas

 

I am not entirely sure about what you meant with “it should be returned without delay”. As I understand the money of my deposit was handed over to a Tenancy Deposit Scheme organization by my landlord, where is kept.

 

Do you mean that if my landlord ask the money back from the TDS on the exact day of the termination of the agreement and delivery of the keys, I will get it right in the next day ?

 

By the way, I do not know the exact details of the procedure. Once the landlord asks the money of the deposit back from the TDS, this organization first send the money to the landlord and only then he gives it to the tenant –or- the organization send it straight way to the tenant ( supposing the tenant already informed it about his new address ) ?

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Which scheme is the deposit in. If it is DPS, then DPS have the money and you and the LL have to separately contact the scheme to release the money (you should have a code number). If it is protected by another scheme, the landlord has the money - the scheme protection works by insurance.

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Which scheme is the deposit in. If it is DPS, then DPS have the money and you and the LL have to separately contact the scheme to release the money (you should have a code number). If it is protected by another scheme, the landlord has the money - the scheme protection works by insurance.

 

Hi Steve_M

 

The deposit is of the DPS scheme.

 

So, is there some deadline for the landlord to ask DPS to release the money ?

 

And will the DPS organization release the money straight to the tenant ?

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