Tenancy deposit protection

Tenancy deposit protection has come to Northern Ireland and has been in operation from the 1st April 2013.


Property Sales & Lettings NI have taken the necessary steps to ensure that our Landlords and Tenants will be legally covered and protected within this new legislation and are now working in affiliation with ‘My Deposits Northern Ireland’ whom are a government authorized organization within this sector.

What is a tenancy deposit scheme?

‘A tenancy deposit scheme is an independent third party that has been approved by the Department for Social Development (DSD) to protect tenant's deposits.’

What is the aim of the scheme?

The Northern Ireland government expects the introduction of tenancy deposit schemes to raise standards in relation to management of deposits

Property Sales & Lettings NI will have accreditation to the UK Association of Letting agents. UKALA’s aims are two-fold as they are dedicated to representing the interests of letting and management agents in the UK, whilst also safeguarding the interests of both landlords and tenants. To assist these aims, in 2011 UKALA signed a mutually beneficial business agreement with the NLA, the leading association for private residential-landlords in the UK. This coming together represents an important and progressive step towards a unified voice for landlords and letting agents in the sector.

This service will be available to all Landlords/Tenants and will be subject to a nominal fee. If you require any further information please do not hesitate to contact our office.

Follow the links below for further information:

http://mydepositsni.co.uk/the-law

http://www.legislation.gov.uk/nisr/2012/373/contents/made

http://www.nidirect.gov.uk/tenancy-deposit-scheme.htm

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