New custodial TDS contracts announced by DCLG

The Department for Communities and Local Government has announced the new contracts to run its Custodial Tenancy Deposit Schemes.

Wait for it, and the winners are, in no particular order -

The Deposit Protection Service will continue to provide its custodial tenancy deposit scheme ( new contract starting 1 April 2016. )

The Dispute Service Ltd will get to run a custodial deposit protection schemes in England and Wales ( contract starting 1 April 2016. )

Tenancy Deposit Solutions Ltd (trading as as MyDeposits) will also get to run a custodial deposit protection schemes in England and Wales ( contract starting 1 April 2016. )

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