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GN15-12 Tenancy Deposit Schemes Update

GN15-12 Tenancy Deposit Schemes Update

Any landlord who takes a deposit in respect of an assured shorthold tenancy is under a legal duty to deal with the money in accordance with one of the Government approved tenancy deposit schemes.  Penalties for failure to do so are stringent and it is now much harder to avoid them.  Changes to the tenancy deposit legislation have already been highlighted in the CLA Magazine but members who are affected can find out all they need to know here.

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Harry Flanagan
Legal Adviser

A solicitor, advises on all aspects of residential landlord and tenant legislation including farm cottages, the housing of agricultural workers and service occupancies. Also advises on ballooning.

T: 020 7235 0511
F: 020 7235 4696
harry.flanagan@cla.org.uk

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