Our CEO, Steve Harriott, sat down for a conversation with Goodlord’s Newsagent podcast, examining what impact the proposed changes would have on the Tenancy Deposit Scheme, as it stands.
In this episode of the Newsagent podcast, Goodlord and TDS examine whether the deposit system will be impacted if the government moves away from assured shorthold tenancies and towards periodic tenancies. And, in the event that landlords are being encouraged to accept more tenants with pets, how will this affect the deposit cap governed by the Tenant Fees Act 2019?
Steve discusses the white paper’s proposal that will enable more tenants to have pets in rental properties, using pet insurance to cover any potential damage in the property.
However, with most pet insurance plans not covering for property damage, but rather the pet’s illness, how can we ensure any damage is covered by an insurance scheme? Listen to gain a deeper understanding of how the anticipated changes could work.
Steve provides further expert commentary on the future of tenancy deposits in England, Scotland, Wales and Northern Ireland. He discusses the current state of play for deposits, where next with lifetime deposits, and how deposits may adjust under the Renters’ Reform Bill.
If you’re interested in the topics raised in this podcast, take a look at the extra resources provided below:
Get the latest news, views and data from the lettings industry on Goodlord’s Newsagent podcast, with insights and ideas from letting agents and property industry experts.
TDS API and Goodlord have integrated, saving agents up to 10 minutes per tenancy registration. You can read more about this integration with Goodlord here.