What is Tenancy Deposit Protection?

Tenancy deposit protection requires landlords of Assured Shorthold Tenancies in England and Wales to lodge any deposit in one of three government-approved schemes (DPS, mydeposits, TDS) within 30 days and serve prescribed information on the tenant. Failure to protect blocks the landlord from serving a Section 21 notice and exposes them to penalties of 1-3 times the deposit.

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Yolist. (2026). What Is Tenancy Deposit Protection? Yolist UK Business & Trade Glossary. Retrieved June 9, 2026, from https://yolist.uk/glossary/tenancy-deposit-protection

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<p>Source: <a href="https://yolist.uk/glossary/tenancy-deposit-protection">Tenancy Deposit Protection — Yolist UK Business & Trade Glossary</a></p>