Tenancy deposit schemes (Scotland)
It means landlords and letting agents cannot keep deposits, instead they have to transfer them to a government approved third party.The regulation has come into force to prevent "unscrupulous" landlords withholding part or all of a deposit when the tenant leaves their accommodation.The Scottish Housing Minister, Keith Brown, estimated that up to 11,000 tenants each year have had their deposit wrongly retained by their landlord or letting agent.Concerns that some private landlords unfairly withhold tenants' deposits led to provisions in the Housing (Scotland) Act 2006,[2] for Scottish Ministers to bring forward regulations for the approval of tenancy deposit schemes in Scotland.The three independent third party schemes approved by Scottish Ministers operating in Scotland are: Table of Tenancy Deposit Deadlines for Scottish Landlords:[3] Unless The tenancy is renewed, either by express agreement or on tacit relocation, or after 2 October and before 2 April 2012 Within 30 working days of renewal A tenant can take a landlord to court if they don't protect their deposit with a scheme or provide the required information within the specified timescales.