Member joining form – Insurance scheme
Your key to streamlined deposit protection that puts you in control.
Simplifying tenancy deposit protection with mydeposits Insurance scheme.
Are you a landlord looking for hassle-free and flexible tenancy deposit protection? Look no further! Introducing the mydeposits Insurance scheme.
Why choose mydeposits?
If you’re a landlord in England or Wales operating under an Assured Shorthold Tenancy agreement, you’re legally obligated to protect your tenant’s deposit with a government-approved scheme. mydeposits offers a convenient and reliable solution tailored to the needs of letting agents.
Benefits of mydeposits insurance:
Retain tenant deposits
Keep deposits securely in your client bank account throughout the tenancy.Deposits under your control
Make deductions to deposits as needed without involving a third party.Free impartial service
Gain access to award-nominated dispute resolution if disagreements arise.Tailored pricing
Choose from transparent payment structures based on your specific requirements.Save time and money
Utilise online services to manage your portfolio and resolve disputes efficiently.Promote your business
Showcase your professionalism to both landlords and tenants.
Who should apply?
If you’re an agent handling tenancy deposits on behalf of landlords in England and Wales, this application form is for you. Ensure compliance with tenancy deposit protection regulations by joining the mydeposits Insurance scheme.
Important considerations:
- Segregated client account: Agents must hold deposits in a segregated client money account to qualify for protection.
- Membership categories: Different fee structures exist based on membership category, including those with Client Money Protection Insurance.
- Deposit disputes: If disputes arise, mydeposits offers a fair and impartial resolution service.
- Data protection: Your personal data will be processed in line with relevant regulations.
Application process:
- Complete the application form with accurate information
- Include the required supporting documents, such as your latest client money account bank statement
- Choose your preferred payment method for deposit protection fees
Secure your peace of mind
With mydeposits Insurance, you’re not just complying with regulations – you’re ensuring a smoother, more transparent renting experience for both you and your tenants. Say goodbye to unnecessary complexities and disputes, and hello to hassle-free deposit protection.
Protect your deposit today.
If you have taken a cash deposit, you must protect it in a government authorised scheme within 30 calendar days.