Protecting a deposit in our Insured scheme is easy
Why choose our Insured scheme?
› Our service is competitively priced and is available on a ‘fee per deposit’ basis
› You don’t have to worry about paying a registration or annual renewal fee
› You’ll retain the deposit and we’ll protect it for the duration of the tenancy
How much does Insured deposit protection cost for letting agents?
|Some letting agents are entitled to volume
discounts – please call 0330 303 0030 for details
How do I protect a deposit using your Insured scheme?
Before protecting a deposit using our Insured scheme, you'll need to create an Insured scheme account. Once you’ve created your account, we’ll send a Direct Debit mandate form to you. You’ll need to complete and return this to us by post to the address below.
You’ll also need to confirm you have Client Money Protection (CMP) in place. To do this, you must send us either a membership/CMP certificate or letter of confirmation, from one of the following CMP providers:
› Client Money Protect
› UK Association of Letting Agents (UKALA)
› Money Shield
› Royal Institute of Chartered Surveyors (RICS)
You can send your CMP documentation to us by email to firstname.lastname@example.org or by post to:
Business Support Team
The Deposit Protection Service
Once we've received your Direct Debit mandate by post and validated your CMP credentials, we'll contact you to confirm your account is active. To protect a deposit, you’ll need to log into your account and add details for the tenancy, tenants, and deposit. We'll send you a Deposit ID, and an invoice for the protection fee to complete the process.
|Create your Insured scheme account >|