Monday, 2 July 2012

Tenants' deposit protection schemes launched in Scotland

New schemes have been launched which require all Scottish landlords to protect tenants' deposits.
Landlords must now hand over deposits to an independent third party.

Three government approved schemes have been set up following the introduction of new regulations last year.

It is hoped the initiative - free for landlords and letting agents - will prevent agents holding on to money on false grounds.

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