Tenancy Deposit Schemes
(asked on 14th April 2022) - View Source
Question to the Department for Levelling Up, Housing & Communities:
To ask the Secretary of State for Levelling Up, Housing and Communities, when the licenses expire for (a) Deposit Protection Service, (b) MyDeposits and (c) Tenancy Deposit Scheme.
This question was answered on 21st April 2022
The concession agreements in place with the Deposit Protection Service, mydeposits and the Tenancy Deposit Scheme for the provision of Tenancy Deposit Protection schemes expire on 31 March 2026. Separate contracts are in place with each of the three providers for provision of Insurance-based and Custodial protection schemes, with the expiry of all six individual contracts currently aligned on 31 March 2026.