What are the 3 Tenancy Deposit Schemes?

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The 3 tenancy deposit schemes are Tenancy Deposit Solutions Limited (TDSL) also known as MyDeposits, The Deposit Protection Service (DPS) and The Tenancy Deposit Scheme run by The Dispute Service Limited (TDS):

  1. Tenancy Deposit Solutions Limited (TDSL) trading as MyDeposits is an insurance based scheme. We shall hold the Deposit within the terms of the scheme. Any interest earned on the Deposit shall be paid subject to the terms and conditions of the scheme.
  2. The Deposit Protection Service (The DPS) is known as a custodial scheme. The scheme shall hold the Deposit within the terms of the scheme. We shall retain any interest on monies properly deducted from the Deposit as specified in this Agreement.
  3. The Tenancy Deposit Scheme run by The Dispute Service Limited (TDS) is an insurance based scheme. We shall hold the Deposit within the terms of the scheme. Any interest earned on the Deposit shall be paid subject to the terms and conditions of the scheme. 


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