Please note that lettings agents are required by law to publish on their websites information for potential tenants about relevant fees, redress schemes and client money protection schemes (including the names of those schemes).

Deposit

1.1. If the Contract-Holder pays a deposit under this Contract (or another person pays a deposit on the Contract-Holder's behalf), the deposit must be dealt with in accordance with an authorised deposit scheme.

Before the end of the period of 30 days starting with the day on which the deposit is paid, the Landlord must comply with the initial requirements of the authorised deposit scheme, and give the Contract-Holder (and any person who has paid the deposit on the Contract-Holder's behalf) the required information.

The required information is such information as may be specified by the Welsh Ministers in regulations in accordance with Section 45 of the Act, relating to the authorised deposit scheme which applies, the Landlord’s compliance with the initial requirements of the scheme, and the operation of Chapter 4 of Part 3 of the Act (Deposits and Deposit Schemes), including the Contract-Holder's rights (and the rights of any person who has paid the deposit on the Contract-Holder's behalf) in relation to the deposit.

Upon the Contract-Holder vacating the Premises and after deduction of all agreed or authorised deductions, the balance of the Deposit shall be refunded to [the Contract-Holder] OR [the Relevant Person].

The Deposit will be held by the Agent as Stakeholder. The Agent is a member of The Dispute Service (“TDS”). Where a letting is Tenant Find, the landlord may use My Deposits (MYD) or The Deposit Protection Service (DPS)

The Deposit will be taken for the following purposes:-

1. Any damage, or compensation for damage, to the Premises, its Fixtures and Fittings, or for missing items AND CLEANING OR REMOVAL & DISPOSAL OF FURNITURE/RUBBISH for which the Contract-Holder may be liable, subject to an apportionment or allowance for fair wear and tear, the age and condition of each, and any such item at the commencement of the Contract, save for insured risks and repairs that are the responsibility of the Landlord;

2. The actual costs, provided that those costs are reasonable, incurred in compensating the Landlord for, or for rectifying or remedying any breach by the Contract-Holder of the Contract-Holder's obligations under the Contract, including those relating to the cleaning of the Premises and its Fixtures and Fittings, and contents;

3. Any unpaid accounts for utilities or water charges or environmental services or other similar services or Council Tax incurred at the Premises for which the Contract-Holder is liable;

4. Any rent or other money due or payable by the Contract-Holder under the Contract of which the Contract-Holder has been made aware and which remains unpaid after the end of the Contract including any monies properly due and payable by the Contract-Holder to the Agent;

5. Any penalty levied by a third-party organisation, such as a local authority, OR BLOCK MANAGER against the Landlord which has been caused by an action or inaction on the part of the Contract-Holder.

6. The Landlord may not require security (which includes a deposit) to be given in any form other than - a)money, or b) a guarantee (F+).

The Deposit is safeguarded with a deposit scheme.

The Landlord or their Agent must tell the Contract-Holder within 10 working days of

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