Dps how long to return deposit

At the absolute least the process can take over two weeks. The Single Claim process is governed by statute — we did not create it and we have no power to circumvent it. In Scotland, either party has 30 working days to respond to a repayment claim. Why do I have to wait so long for my money?

The property has been left in good order and the rent was fully paid. Please refund the full amount of [add amount here] within 10 days of receiving this email.

You can also use Shelter's template letter to ask for your deposit to be returned. Your landlord should respond to your request promptly. Chase them up after a week. Your landlord may agree to return your deposit in full or they may make deductions that you accept. You can negotiate with them about deductions to come to an agreement. What happens next depends on the type of scheme you are in. There are two types of schemes: custodial and insurance. In custodial schemes the scheme hold the money.

In insurance schemes the landlord or agent holds it, but it is still protected by a scheme. You or your landlord can request the release of the money. All schemes must return the money within 10 working days.

Most say you should get it within about 5 days. You can request the release of your deposit through your online account. Your landlord or agent holds your deposit during the tenancy if it's protected with an insurance scheme. Request the return of the money from your landlord when you come to an agreement. They can return it to you by bank transfer, in cash or by cheque.

If you have a preference, tell your landlord. Your deposit should be returned within a reasonable time, for example 10 days. You can accept this payment. It doesn't mean that you've agreed to the deductions. You can challenge deductions through the scheme if you think they're unfair. Each deposit protection scheme has a free dispute resolution service that:. Once the scheme has all the evidence, it can take 1 month or more for a decision. You can't use the dispute resolution service unless your landlord or agent agree to this.

You should tell your landlord you plan to use the service. They may try and solve the situation before the formal process goes ahead. To do this, email us at support depositprotection. Starting deposit repayment.

If your deposit is protected with our Insured Scheme At the end of your tenancy, you and your Landlord or Letting Agent will need to agree how your deposit will be repaid.