TDS

Is My Deposit Safe?

The answer is YES as we ensure that all of our tenants' deposits are registered with the Tenancy Deposit Scheme.

The Tenancy Deposit Scheme is a multi-award winning, government approved provider of tenancy deposit protection and alternative dispute resolution in England and Wales.

When you pay your deposit to RPMS Letting, we will register it with the TDS to protect your money until the end of your tenancy.

At the end of your tenancy, an agreement must be reached should there be any damages or deductions to be made from the deposit. Once agreed the remainder of the deposit figure is returned to you. If there is a disagreement over the amount to be deducted, the TDS provide a free and fair dispute resolution service.

The Tenancy Deposit Scheme hold status as the only not for profit scheme, offering market leading rates for deposit protection and are focused solely on stakeholders, not shareholders. Any surplus made is reinvested into the TDS scheme for the benefit of their members and those using their service.

For further information on the Tenancy Deposit Scheme, please visit their website here.


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