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As of October 1st of this year, no
landlord will be able to take and hold a deposit for an Assured
Shorthold tenancy unless they or their agent are members of a
government-approved Tenancy Deposit scheme and can provide confirmation
of this to tenants. If the landlord or agent cannot prove they belong to
an approved scheme the tenants will be entitled to receive their deposit
back plus an additional amount for damages and the landlord will forfeit
their ability to serve a Section 21 notice on the tenant to gain
possession of the property.
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