Tenancy Deposit Protection Scheme

The Tenancy Deposit Protection Scheme (TDPS) is a legal requirement in many places that ensures tenant deposits are kept safe during a rental agreement. When a tenant pays a deposit, the landlord must put it in a government-approved scheme. This protects the money and makes sure tenants can get it back when they move out, as long as they have met the terms of their lease. If there are disputes about the deposit, the scheme provides a fair way to resolve them, promoting transparency and trust between landlords and tenants.