We're the home of deposit protection
If you're a landlord or letting agent, any deposit you take in relation to an Assured Shorthold Tenancy needs to be protected with a government-approved scheme.
We run both custodial and insured deposit protection schemes for landlords and letting agents in England and Wales. We also run custodial tenancy deposit protection schemes for landlords and agents with properties in Scotland and Northern Ireland.
- We hold over 1.2 million deposits
- On average 1,500 deposits are submitted to us every day
- We've repaid 500,000 deposits in the last year
- We've resolved over 10,200 tenancy deposit disputes in the past year alone
In England or Wales?
Branded as The Deposit Protection Service, we run a free custodial tenancy deposit scheme as well as an insured scheme on behalf of the Department for Communities and Local Government. In 2015 we successfully retained the contract to provide a custodial scheme.
In Northern Ireland?
Branded as The LPS Northern Ireland, our free custodial scheme has been approved by The Department for Social Development to protect tenancy deposits.
In Scotland?
Branded as The LPS Scotland, we run a free to use custodial tenancy deposit protection scheme on behalf of The Scottish Government.