Is Your Deposit Protected?

Tenancy Deposit protectionThe Housing Act 2004 requires landlords and letting agents to protect deposits in a scheme such as The Tenancy Deposit Scheme (TDS), of which Sheldon Bosley are members.

The TDS provides government approved deposit protection with free, impartial dispute resolution.  Sheldon Bosley are also a member of the Surveyors Ombudsman Service independent redress scheme.

In addition to being RICS (Royal Institution of Chartered Surveyors) members, we are  a company member of ARLA (Association of Residential Lettings Agents).  They require that all members are qualified professionals and must follow a strict code of conduct.

Client Money Protection (CMP) provided by RICS is a compensation scheme run by the National Federation of Property Professionals (NFoPP) which provides compensation to landlords, tenants and other clients should an agent misappropriate their rent, deposit or other client funds.

For advice on any aspect of becoming a landlord client, please feel free to contact either our Stratford lettings team on 01789 292310 or Shipston on 01608 661666.

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