mydeposits
Why choose mydeposits
About mydeposits
Trusted deposit protection backed by private rented sector experts
Join over 400,000 landlords and agents who protect deposits with mydeposits, a government-authorised scheme built to guarantee compliance. Whether you prefer to hold the deposit yourself or have us hold it for free for the duration of the tenancy, mydeposits gives you the flexibility to choose the option that works best for you. Powered by our Total Property platform, our free custodial and insured-backed protection schemes are available at our lowest rates for NRLA members.
NRLA members save one third on our insured-backed protection, plus access to expert guidance, award winning resolution and a range of products and services from private rented experts, Total Property. As a group of trusted brands, Total Property supports landlords at every stage of the tenancy lifecycle. mydeposits is the only deposit scheme authorised in every UK region and the Channel Islands, giving you the flexibility and confidence to protect deposits wherever you let.
Offering two types of tenancy deposit protection
Insured-backed protection
With our insured-backed deposit scheme, you pay a small annual membership fee to protect and hold the deposit on our Total Property platform. As partners with the NRLA, we offer NRLA members an exclusive discount.
Custodial protection
Choose our free custodial deposit scheme, using our Total Property platform to streamline your property management. Custodial protection means we will hold the deposit for the duration of the tenancy for free.
Trusted by thousands of landlords
"Really good system, very easy to use. In the past the team have been very helpful and accommodating when I made an error and they willingly helped me out. Would highly recommend."
Paul, Landlord
"I have used mydeposits for years and it is simple, reasonably priced and easy to use. The new information they send has also been helpful. I have a number of properties and will continue using it."
Richard, Landlord
"I have used this company for many years now to protect the deposits I take on my rental properties. The service is very easy to use, I like the diary reminder one month before expiry. The certificate is very user friendly for the tenants with all the information in a simple format for both landlord and tenant. Fully recommend."
Natalie, Landlord
Please note that any contract for the supply of goods/services will be made between you and the provider of the goods/services; not with the National Residential Landlords Association or any of its associated companies. The NRLA has no liability in relation to any contract entered into by you as the NRLA only acts as an introducer.
Are you interested in partnering with us?
Find out more about the NRLA partner and recognised supplier schemes