Tenancy Deposit scheme - information for landlords
If you rent a home to a private tenant, you can ask them to pay a deposit. Under the Tenancy Deposit Scheme, a landlord must protect their tenant's money in an approved scheme.
Tenancy deposits
A landlord can ask a tenant to pay a deposit at the start of a private tenancy. This money is for:
- protection against damage to the property
- unpaid rent
- Tenancy deposit scheme