Tenancy deposits: Time is running out for residential landlords in breach
It’s not too late
It is recommended that all landlords with tenants on an Assured Shorthold Tenancy check whether they have protected the tenancy deposit and correctly served the prescribed information on the tenant. If these obligations have not been complied with a landlord may face a hefty penalty.
See our helpful summary of the Deregulation Act issues and the implications for deposits taken before and after 6 April 2007. This sets out all the changes, some of which are not yet in force.