Tenants Don’t Have to Worry About Deposits Any More
UK tenants can finally feel calm about the money they give to their landlords at the beginning of the tenancy agreement. New regulations have been accepted in Scotland which means that now all tenancy deposits within the UK will be protected. Landlords will not be able to put the money in their pockets. Instead, after the signing of the rental agreement and the conducting of the inventory check London, the landlords will have a 30-day period in which they should choose a government approved deposit protection scheme. After that they have to give the tenants a detailed information about the safekeeping of their money.