If you have taken a deposit from your tenant and then protected it in a tenancy deposit scheme within 30 days and given the prescribed information you will probably be sitting back in the knowledge that you have done everything required of you.
However, what happens if you give your same tenants a renewal of the tenancy agreement 6 or 12 months down the line - will you have to re- register the deposit again within 30 days and give the prescribed information again?
I have checked with the Deposit Protection Scheme today and they have advised me that they do not need it re-registering. However, to be on the safe side I would advise contacting your deposit scheme provider as soon as you renew a tenancy agreement and advise them that you want to re-register the deposit and give your tenant the prescribed information again.
If you require any further advice on tenancy deposits or landlord issues please email me at propertyhawk@fidler.co.uk.
Fidler & Pepper
Free property management software, Free tenancy agreements
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