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Showing posts from January, 2015

Comparison of tenant deposit schemes in England and Wales

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

Little Blue Naughty Dude and the Big Good Wolf

Once upon a time, there was a famous little boy called Little Blue Naughty Dude. Everybody called him that because he always wore his blue hood while stealing groceries from the stores.  One day, Little red riding hood (Little blue naughty dude's mother) asked the little blue naughty dude to go out into the woods and send his grandma some cake and milk. Little blue naughty dude hated his grandma because she always called him cutie pie, and he hated it.  So he sneaked out into the woods and met up with the "big bad wolf", and said, "If you team up with me, you will get to eat a fat grandma for your lunch."  "Really?!" replied the wolf.  "Of course. I'm going to my grandmas house, and this is the plan...." said Little blue naughty dude. He whispered the plan about him going into the house and letting the wolf sneak in and eat his grandma.  "Ok, meet up at 12:00" the big bad wolf also whispered.  "Sure, meet up here?" Lit