Deposit Protection Scheme

The Deposit Protection Scheme (DPS) is a service that safeguards tenants’ deposits in the UK. If you rent a property and pay a deposit, the scheme holds your money securely for the duration of your tenancy. Should any disputes arise, or if the landlord fails to return your deposit correctly, the DPS steps in to ensure fair resolution. It offers peace of mind by protecting your deposit and ensuring it is managed transparently, helping prevent disputes and ensuring compliance with legal requirements for tenancy deposits.