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Tenant Deposit Scheme (TDS)

Definition

Government-approved schemes that protect tenant deposits in England and Wales. Landlords must protect deposits within 30 days of receipt and provide prescribed information. Failure to comply can result in significant penalties.

Related Terms

HMO MortgageInterest Coverage Ratio (ICR)HMO ValuationDebt Service Coverage Ratio (DSCR)Stress TestingPRA RulesNet Rental YieldVoid Periods

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