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Roseanna welcomes launch of tenants' deposit protection schemes

The Scottish National Party's Ms Roseanna Cunningham MSP, Member of the Scottish Parliament for Perthshire South & Kinross-shire, has welcomed the launch of three new government-approved schemes which require all Scottish landlords to protect tenants' deposits.

Ms Cunningham said: "These government-approved schemes have been set up following the introduction of new regulations last year and mean that landlords must now hand over deposits to an independent third party.

"The initiative - which is free for landlords and letting agents - will bring an end to the sharp practice engaged in by some of the more unscrupulous individuals and companies involved in the private rented sector of holding on to money on false grounds.

"The fact that these new arrangements have been welcomed by organisations such as NUS Scotland and Shelter Scotland on the one hand and by companies such as CKD Galbraith on the other, shows that the balance has been got pretty much right.

"More than 270,000 households across Scotland rent from private landlords and I know that this is a development that will be welcomed by tenants and landlords in my constituency and it is important that everyone involved in the rented sector is aware of these changes.

"Landlords and letting agents have until next May to lodge all deposits, but can start doing so immediately.  After 2 October they will be required by law to hand over all new deposits within 30 working days of a tenancy starting.

"This is a win-win arrangement.  Landlords are less likely to find themselves embroiled in disputes, and tenants can be reassured that their deposit is safe and will not be withheld unfairly.

"Previously tenants had to resort to legal action to try to recover deposit money they felt was unfairly withheld but the regulations give them access to an independent dispute resolution service if the return of a deposit cannot be agreed.

"Those who will lose out will be the minority rogue landlords who regarded a deposit as a means of squeezing more money unfairly out of a tenant."

Roseanna Cunningham MSP, 63 Glasgow Road, Perth PH2 0PE  •  01738 620540   •   Website designed & hosted by Craig Mackay Design