DepositGuard

DepositGuard is an exclusive service, only available to members of the Residential Landlords Association, providing a more cost effective alternative to other insurance based schemes where you can hold onto the deposit yourself. The scheme has been developed with The Tenancy Deposit Scheme, operated by The Dispute Service (TDS), one of the government approved tenancy deposit schemes. The scheme is provided to RLA members by RLAP Ltd. who act as introducer to TDS.

NOTE: This service is only available if you are a landlord wanting to protect deposits for properties you own and manage yourself. This scheme must not be used by letting agents but you may still be eligible to join TDS - click here for more information.

All deposits taken on Assured Shorthold Tenancies in England and Wales, (where the total annual rental income is less than £100,000) must be protected in one of the government-approved schemes.

Compare Schemes

	DepositGuard (Insurance based deposit scheme)	The Deposit Protection Service (Custodial Scheme)	My Deposits (Insurance based deposit scheme)
Can landlord keep hold of the deposit?	YES	NO	YES
Cost to Join	Free for RLA members	Free	£60 or £20.00 for NLA members
Fee per Deposit	Deposit up to £500 = £15.00 Deposit over £500 = £22.50	Free The DPS keeps the deposit for the length of the tenancy	Deposit up to £300 = £17.50 Deposit over £300 = £30

So now you can keep hold of your deposit and at the same time save money in doing so.

Benefits at a glance:

You hold the deposit
No joining fees
Low cost deposit protection fees for the life of your tenancy agreement (NOTE: If you renew a tenancy or change its terms a new fee may be payable).
Free access to ADR
Easy to use online registration service
Email reminders when your tenancy is ending
Pay online with a credit or debit card

Useful Links

Here are a set of important links in relation to the use of DepositGuard. Please ensure you always use the correct agreement and that you provide your tenant/s with the correct accompanying information (including Prescribed Information, Scheme Tenants Leaflet, Certificate of Protection and Additional Clauses). If you have any doubts at all, please contact the RLA Members Help Desk

The Tenancy Deposit Scheme for Landlords - DepositGuard Version 27012012

Rules for Membership

Adjudication Rules

Members Only

The rest of this page and any documents or services related to it are within our members' area.

DepositGuard

Benefits at a glance:

Useful Links

Members Only

Existing RLA Member?

Join the RLA and get the DepositGuard : Tenancy Deposit Scheme for FREE