In England and Wales there are three government-approved tenancy deposit schemes (Scotland and Northern Ireland have different schemes). They are Deposit Protection Service (DPS) MyDeposits Tenancy Deposit Scheme (TDS) Insured vs. custodial scheme Insured scheme: the landlord/agent can hold the tenancy deposits during the term of the tenancy. They need to pay a fee to the deposit scheme to register the deposit. At the end of tenancy, if the tenant raises a dispute, they must transfer the disputed amount to the deposit scheme until the matter is resolved by a free dispute resolution service provided by the scheme or a court. Custodial scheme: the scheme holds the deposit for the duration of the tenancy. Custodial Schemes is free of charge for the landlord/agent. At the end of tenancy, both parties agree before the deposit can be released to the tenant/landlord. If there is a dispute, the release of deposit will be based on the decision of the free dispute resolution service provided b
I recently watched a TED talk about how we look at charities and other organisations which try to help people or causes they believe in. It was a real eye opening moment for me. I was always suspicious of large charities and their high “overheads” which I read as the organizers taking home a nice pay packet. I would also wonder why so many charities spend so much on advertising and not actually on the cause itself. Well I can explain why this is not the best way to analyse a charity in a few examples. Firstly it is acceptable for a very successful professional to go to work make money for his or her organization and be sufficiently compensated for this at the end of the month. Now, if we were to have a professional who was making a charity a lot of money and took home a good competitive salary we may deem them to be a parasite. This attitude is not useful, it makes many people have to choose between a life where they can achieve financial success or one where they can help people