New deadline for deposit protection just a week away

Following the Deregulation Act, which passed into law at the end of March, landlords have until 23 June to protect deposits taken before 6 April, 2007 and which they are still holding for periodic tenancies agreed on or after that date.

The Act has also clarified the uncertainty created by a June 2013 decision by the Court of Appeal in the Superstrike v Rodrigues case over the need for landlords to provide ‘prescribed information’ upon every renewal or the tenancy becoming periodic. The Act states that if the prescribed information has been validly given in relation to an initial tenancy, it doesn’t need to be given again in respect of replacement tenancies (except where circumstances or details change).