Tenancy deposit scheme calculator

Tenancy deposit scheme compensation calculator

It is important that when a deposit is paid to a landlord by a tenant or a third party of the tenant’s behalf, the landlord must comply with the rules and regulations put on them by statutory obligations. In the vent a landlord fails to do so this can result in a financial claim being made against the landlord by the tenant.

Where a landlord is deemed to have failed to comply with the statutory obligations then a court can award the tenant up to 4 times the deposit amount. Therefore, this can prove very costly to a landlord.

To calculate what you as a landlord may potential be ordered to pay to a tenant should you fail to comply with your statutory obligations enter the deposit amount in the calculator below.

Please enter the depostit amount paid to the landlord

Contact us now by calling 0113 320 5000 or completing our short contact form by clicking the button below:

* This calculator is meant as a guide only and individual circumstances can effect compensation amount. Contact us to discuss details of your case.

Please note, the court’s are very strict on this issue.

Inheritance tax changes

The recent Budget saw the Chancellor announce reforms to Inheritance Tax rules which were widely expected following the Conservative Party’s General Election victory.  Currently, a married couple are able to access allowances of £325,000 each, which can be doubled up and applied as a single allow

Grandmother with Grandchild

The Prime Minister David Cameron has recently suggested that he would be “happy” to look at plans for so called “granny leave” giving working grandparents the right to take up to 18 weeks of shared paren

Divorce and new tax developments

Transfers of property between separating couples should take place in the tax year of separation to avoid