Tenancy Deposit Schemes

Department for Communities and Local Government written question – answered on 6th March 2017.

Alert me about debates like this

Photo of Diana R. Johnson Diana R. Johnson Labour, Kingston upon Hull North

To ask the Secretary of State for Communities and Local Government, with reference to the Answer of 16 November 2015 to Question 13604, on tenancy deposit schemes, what the total value is of all the deposits currently held by each of the schemes on either a custodial or an insurance-based basis.

Photo of Diana R. Johnson Diana R. Johnson Labour, Kingston upon Hull North

To ask the Secretary of State for Communities and Local Government, with reference to the Answer of 16 November 2015 to Question 13604, what proportion of the deposits handed back in each of the schemes and for each of the years listed in the Table of Adjudications were subject to adjudication by their respective deposit protection scheme.

Photo of Diana R. Johnson Diana R. Johnson Labour, Kingston upon Hull North

To ask the Secretary of State for Communities and Local Government, with reference to the Answer of 16 November 2015 to Question 13604, on tenancy deposit schemes, what the total value was of the deposit money (a) given back to tenants and (b) withheld by landlords in each of the schemes for each of the years listed.

Photo of Gavin Barwell Gavin Barwell Minister of State (Department for Communities and Local Government) (Housing, Planning and London)

The three Government approved Tenancy Deposit Schemes in England help ensure that tenants are treated fairly at the end of their tenancy through protecting deposits.

A deposit can be protected in a custodial scheme where the deposit is paid (submitted) and held by the scheme until the end of the tenancy. The scheme will pay the deposit back (return) to the tenant if they have fulfilled all their obligations at the end of the tenancy. A deposit can also be protected in an insured scheme, where the landlord or agent holds the deposit and pays it back to the tenant at the end of the tenancy. The deposit is not submitted to or returned by the scheme.

The figures available for the number of deposits protected for tenants in Greater London since 2011, are set out in Table 1, and for deposits submitted and returned in Table 2.

Table 1 – tenant’s deposits protected in Greater London

Year

Total number of deposits protected

2011-12

434,031

2012-13

398,635

2013-14

453,200

2014-15

499,098

2015-16

545,937

Table 2 – tenant’s deposits submitted and returned in Greater London

Year

Number of deposits submitted

Number of deposits returned

2011-12

74,202

55,550

2012-13

77,709

62,341

2013-14

82,613

67,583

2014-15

88,465

70,105

2015-16

90,849

76,305

The differences between the number of deposits submitted and returned are due to different lengths of tenancies, cases going through the dispute resolution process, and the protection of more deposits as the private rental market continues to grow.

Overall, 98 per cent of all deposits protected in England since the launch of the tenancy deposit scheme in 2007, are returned to the tenant at the end of their tenancy.

Does this answer the above question?

Yes1 person thinks so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.