What is TDS custodial scheme?
TDS Custodial is a Tenancy Deposit Protection Scheme run by The Dispute Service Ltd. It is authorised by the government to hold tenancy deposits until repayment is requested when the tenancy ends. ... To protect the deposit with a government-authorised scheme.
What is the Tenancy Deposit Scheme custodial?
A custodial scheme protects a tenant's deposit because: the scheme administrator holds your deposit until it is required to be paid back. your deposit is safe if your landlord or their letting agent goes out of business.
How can I activate my TDS account?
If you are logging in for the first time, please activate your account using the code sent by email or by SMS when your landlord/agent registered your deposit.
How do I pay into my Tenancy Deposit Scheme?
How it works
- Choose. You choose between Insured Protection (you hold the deposit) and Custodial Protection (we hold the deposit).
- Register. Become a member and 'Register a Deposit' in just a few minutes.
- Protect. Pay a small fee (Insured) or pass the deposit to us for free (Custodial).
- Confirm.
Which deposit protection scheme is best?
Custodial deposit protection service
How do I contact the Deposit Protection Service?
Call us. We're open and ready for your calls from 8am - 6.30pm Monday - Friday. Call us on 0330 303 0030.
Is Tenancy Deposit Scheme free?
TDS insured is completely free to join. You pay a small fee to protect each deposit, which means you can keep your deposit in your bank account for the duration of the tenancy, keeping the accrued interest.