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What is Tenancy Deposit Protection (TDP)?

April 26, 2017deposit TDP tenancy

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What is Tenancy Deposit Protection (TDP)?

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Tenancy Deposit Protection refers to an initiative set up by the government to ensure tenants of assured shorthold tenancies get back deposits which they are entitled to get back. The goal of the scheme is to provide a system for handling and safeguarding deposits and to allow for alternative dispute resolution should any deposit-related conflicts arise.