The Law
Sections 212 to section 215 and Schedule 10 (as amended) of the Housing Act 2004 introduced a scheme for deposits taken from private tenants under an assured shorthold tenancy after April 2007. The legislation directs how landlords should deal with tenancy deposits, and provides penalties if they fail to comply with the regulations.
Here are just some of the many cases that show the courts are prepared to uphold the law against landlords that fail to deal with the tenancy deposits correctly. In once instance, the tenant was awarded £83,000 in compensation. The regulations are simple, either the landlord complied with the regulations, or not. There are no excuses.
Landlords are becoming increasingly aware of this and many agree to settle as soon as Deposit Claims UK gets involved.