Tenancy Deposit Scheme (TDS) | Kerfuffle
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Tenancy Deposit Scheme (TDS)

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Tenancy Deposit Scheme (TDS)

Easy Deposit Protection. Across the UK, agents are making use of TDS’ industry leading solutions, designed to automate... Read more

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The government-approved TDS Insured and free TDS Custodial tenancy deposit protection schemes are supported by award-winning customer service and a powerful online deposit management system designed to make life easier for landlords, letting agents and tenants. Features include:

  • Pre-populated version of the prescribed information: to make legal compliance quicker and easier.
  • Deposit Cap solution: Instant deposit calculator and the ability to make part repayments of deposits mid tenancy with the click of a button.
  • Powerful online evidence portal: If a dispute arises over a deposit deduction, users can instantly upload evidence to our impartial adjudicators and track progress.
  • Tenant changeover function: If a tenant moves out during the tenancy, amend the deposit easily online without repaying the entire deposit.
  • Update tenant contact details directly: Instantly update tenant information via your own database easily.
  • Multiple users: Add colleagues as unique users to your account and set different permissions.
  • Communications dashboard: see what has been sent, when and where anytime.
  • Lettings Software integrations: Integrations with leading lettings software providers allow customers to register deposits, from selected software, at the click of a button.
  • Designated key contacts: Each letting agent has a designated key contact in our award-winning customer service team.

 

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Overview

Easy Deposit Protection.

Across the UK, agents are making use of TDS’ industry leading solutions, designed to automate your processes, advance your operations, and grow your business.

Established in 2003, Tenancy Deposit Scheme (TDS) is the longest serving, only not-for-profit, Government-approved tenancy deposit protection scheme in the UK. Our award-winning customer service is highly rated on both Trustpilot and Google. We currently protect over 1.5 million deposits across England and Wales.

"I have used the Tenancy Deposit Scheme for numerous years. Whether I just need general advice or need assistance logging a dispute they have always been helpful. I would always recommend them over other deposit schemes." Siana, Lettings Agent

 A great company to associate with, understanding of our business and the ever-changing market. A valuable affiliation for us, that we clearly benefit from. Ricky, Director of Lettings

 
Choose the scheme that works for you

  • Our FREE, popular Custodial Scheme; and
  • Our best-value Insured Scheme,where you keep the deposit and pay a small fee to protect it.

Need more flexibility? You have the option to use both schemes!

Problems we solve for agents

Beginning of tenancy solutions

For the time-consuming beginning of tenancy process, the TDS API has simplified transferring tenancy deposit data for many agents.

No longer do you need to manually enter deposit data, instead, it’s transferred at the click of a button. TDS API removes human error, the need to duplicate data and is saving agents up to 10 minutes per tenancy time. To find out if your CRM provider has integrated with TDS or to begin your API journey, click here.

Inventory solutions

TDS recognises the importance of an accurate and comprehensive inventory to minimise the risk of end-of-tenancy deposit disputes. We work closely with Inventory Hive an industry-leading provider of inventory software, to ensure that inventory clerks, letting agents and landlords have access to an easy to use software solution that, if used properly, should decrease tenancy deposit disputes.

End of tenancy solutions

We encourage landlords and lettings agents to stay in touch with tenants throughout the end-of-tenancy period; reminding tenants to pay the last month’s rent, to clean the property, repair any damage and sort out the garden. That’s why we’ve integrated with The Depositary. This innovative software platform helps lettings agents better manage the end-of-tenancy process.

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Ricky Purdy Dawsons
4 years ago

TDS - Our deposit protection scheme of choice

Your review

We have used the TDS since the introduction of deposit protection schemes, and have continued to enhance a great working relation each year since.

We remain impressed by the level of interaction, customer service and client relations. Our initial years using the services of TDS were through their insured scheme, which worked extremely well, and was of clear benefit to our property management staff and our clients alike. In 2020 we made the decision to move to their custodial offering, as this fell in line with our company direction and vision, to further enhance our client `customer journey`, speeding up and simplifying the processes of initiation, interaction, mediation and deposit return.

Leaving TDS for deposit protection scheme alternatives during our transition in 2020 was never a thought. Offering flexibility of both custodial and insured schemes to suit our business needs simply reaffirmed TDS being the obvious and `go to` option for dealing with the important and complex aspect of residential letting tenancy deposits.

I would highly recommend TDS for agencies of all sizes, and do so confidently having dealt with other scheme providers through property transfers or portfolio acquisitions, and have yet to find service levels and working relationships to match.

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Integrations

The Depositary - TDS has integrated some of The Depositary’s process into its tenancy deposit software across  both TDS Insured and TDS Custodial. This innovative software application helps landlords and lettings agents to better manage the end of tenancy process. 

The Depositary
Kerfuffle rating: 5.0/5

Pricing

  • Free Tenancy Deposit Protection for agents and landlords with TDS Custodial.
  • Highly competitive rates with TDS Insured and even lower rates for members of Propertymark, NRLA and RICS. Priced per tenancy based on the number of deposits you are protecting. Discounts applied for low numbers of disputes.

Onboarding

Setup / Onboarding

For customers who do not currently use TDS, there is a straightforward switching agreement in place with alternative providers to enable a seamless transition of data and deposit monies. The process of transferring to TDS is usually fully completed within 2 weeks. Simply send your authorisation to your current scheme and we’ll help you from there.

Training & Support

Hundreds of property professionals have already benefitted from our exclusive TDS Academy training. The courses and workshops cover all the essential steps of tenancy deposit protection, and have been specifically developed for property managers and administrators, inventory suppliers and landlords. Furthermore, we also offer bespoke training for agents that switch to TDS Custodial.

The TDS Academy delivers expert guidance on the lifecycle of a deposit, from registration and repayment through to the alternative dispute registration (ADR) process and disputes. 

Delivered by our experienced presenters, these online courses help delegates to understand the timelines and requirements of tenancy deposit protection to avoid costly errors when it comes to registering a deposit.

Delegates also learn when and how to make a claim, what evidence can be used to support a claim, and how to think like an adjudicator. We discuss scenarios and identify the kind of evidence an adjudicator looks for in a tenancy deposit dispute. Sharing individual experiences and learning from others is something past delegates have particularly enjoyed.

All attendees are given training packs to take away for future reference, and qualify for Continued Professional Development (CPD), which is confirmed with a TDS Academy certificate.

The TDS Academy team are committed to delivering the interactive programs in a relaxed, friendly environment with opportunity for questions and answers to tenancy deposit issues.

 

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Blog

TDS and partners help agents achieve more through Integrating services for the letting industry

TDS and partners help agents achieve more through Integrating services for the letting industry All...

SME Professional Integrates with TDS API to Streamline Tenancy Deposits for Agents

Leading cloud-based property software provider, SME Professional, has integrated their technology...

Supplier spotlight - Inventory Hive

We sit down with Richard Abbotts, Founder & CEO at Inventory Hive and Michael Hill, Operations...

Our events

We are always releasing new and updated guides, webinars and industry reports to support our customers and the wider PRS. Visit our events calendar to find out more. Alternatively, visit our videos page to catch up on past webinars and seminars.

Awards

Awarded in 2021
The ESTAS Best in Sector 2021 - Best Tenancy Deposit Services

The ESTAS Supplier of the year 2021 - GOLD

 

Awarded in 2020

The ESTAS 2020 - Supplier Best in Sector Deposit Schemes - Winner

Awarded in 2019

Best Estate Agency Suppliers Guide 2020: Highly rated (Financial Services & Insurances)

The ESTAS 2019 Supplier Best in Sector Schemes - Winner. 

Other solutions from this group

Product range

TDS Custodial, TDS Insured, TDS Academy, TDS Resolution

Departments, categories and solutions

Solutions

Deposit Protection
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Category

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Management, Administration & Operations
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Departments

Lettings
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Property Management
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