Pros & Cons of the Deposit Schemes
Tenancy Deposits

South East London Landlord
South East London Landlord
1 Thanks
49 Posts
15 years ago
Hi all,

Can anyone advise the pros & cons of the 3 deposit schemes? As far as I am aware, there are 2 insurance backed ones, where you pay a small fee, and you hold the deposit yourself, and the government one whereby you allow them to hold the deposit, and its free to use?

I am just wary of letting someone else hold the deposit, but also begrudge paying a fee, regardless of the small amount, as times are hard enough to make a profit!!

Any suggestions would be greatly welcomed!



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