#NewsStory: What are the next steps following the Renters Reform Bill White Paper proposals?

Listen to Steve Harriott, CEO of Tenancy Deposit Scheme (TDS) in discussion here.

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?

Concerns with permitting pets without a suitable pet insurance plan

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.

‘There’s a gap which needs to be bridged’

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.

Listen to the podcast here:

Insights and ideas for letting agents on the go.

If you’re interested in the topics raised in this podcast, take a look at the extra resources provided below:

Retaining and returning holding deposits under the Tenant Fees Act

My tenant wants to keep a pet, what are my options?

Your guide to the Renters’ Reform Bill.  

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.

Further collaboration between TDS and Goodlord

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.

Not with TDS yet?

Don’t worry. Joining TDS is simple! It only takes a few minutes to join today.  If you’d like to transfer from another scheme, we’ve made this easy. Visit our switch page and we’ll handle the rest.