Securing your deposit

When you lodge your bond with us it is protected under a Government approved Deposit Protection Scheme, as required under current legislation.

How the scheme works:

The Deposit Protection Service (The DPS)

is open to all landlords and letting agents, and is the only scheme that is free to use.

Our funds are secured with UK approved banks, so for safe, secure and straightforward deposit protection, The DPS is ideal.

• Fast - Landlords and letting agents can access online accounts 24/7 and submit deposits in minutes, allowing you to concentrate on doing business, not admin.
• Free - The DPS is the only Government-authorised custodial scheme that is free to use.
• Secure - All funds are ring fenced in accordance with client money regulations.
• Inclusive - The DPS is open to all private landlords and letting agents, with no pre-conditions to meet or assessments to take.
• Fair - An independent and free Alternative Dispute Resolution (ADR) service will aim to resolve any disputes quickly and without the need for court action. Landlords, agents and tenants could also earn interest on any proportion of the deposit they are entitled to retain at the end of a tenancy.
• Reliable - The DPS is managed by Computershare Investor Services Plc, a global business with more than ten years’ deposit protection experience