Landlords unaware of Tenant deposit laws

The government introduced a Tenant Deposit Scheme in April to protect tenants deposit and provide an arbitration process to resolve problems beteween landlords and tenants. Under the scheme landlords are legally obligated to join a scheme nominated by the government.

Recent surveys showed that just 24% of landlords knew about the scheme and understood its details.

For further information go to www.direct.gov.uk/en/TenancyDeposit/

Jerome Thompson www.you-can-remortgage.co.uk