You may still block these Cookies by changing your internet browser’s settings as detailed below in section 13.9, but please be aware that Our Site may not work properly if you do so. Get the best deal. By default, most internet browsers accept Cookies but this can be changed. As a data subject, you have the following rights under the GDPR, which this Policy and Our use of personal data have been designed to uphold: The right to be informed about Our collection and use of personal data; The right of access to the personal data We hold about you (see section 12); The right to rectification if any personal data We hold about you is inaccurate or incomplete (please contact Us using the details in section 14); The right to be forgotten – i.e. When and how much the rent can be increased - NOT CURRENTLY AVAILABLE The interest is calculated based on an interest rate set at the beginning of each year and is calculated from the date the tenant paid the deposit to the date it will be returned to the tenant. There are three tenancy deposit scheme providers to choose from in Scotland: Letting Protection Service Scotland; SafeDeposits Scotland For further details, please consult the help menu in your internet browser or the documentation that came with your device. If any more than this is taken it will be a ‘prohibited payment’. Our use of your personal data will always have a lawful basis, either because it is necessary for our performance of a contract with you, because you have consented to our use of your personal data (e.g. Questions about the collection of information can be directed to the Manager of Corporate Web, Government Digital Experience Division. The quality of decorations and appliances can vary drastically depending on age. - If you want us to repay the tenant, save the form and send it to depositcap@depositprotection.com - We'll automatically update all the deposits on your list that we hold, and send a cheque for the amount you’ve specified to the first named tenant on the tenancy Please ensure the data you enter into this form is accurate. Where any of your data is required for such a purpose, We will take all reasonable steps to ensure that your data will be handled safely, securely, and in accordance with your rights, Our obligations, and the obligations of the third party under the law. Helps to understand how their visitors engage with our website, You (if you are the landlord or letting agent) will be committing a civil offence and can be prosecuted with a fine of up to £5,000, The Council can as an alternative impose a financial penalty charge of up to £30,000, You will not be able to use section 21 until the prohibited payment has been refunded to the tenant ( or licensee if the payment was made by licensees), The additional payment can be recovered by tenants / licensees applying to the First Tier Tribunal. All such data will be anonymised and will not include any personally identifying data, or any anonymised data that can be combined with other data and used to identify you. How to calculate the deposit cap for renewals. As of this date the tenancy deposit will be capped to a maximum of five weeks rent where the annual rent is less than £50,000 and six weeks rent where the annual rent is £50,000 or more. Calculate the last date that a landlord (or landlord's agent) must return the tenant's security and/or pet damage deposit(s) Clicking on the month at the top of the calendar will assist in obtaining the correct start and end dates. You are deemed to accept and agree to this by using our site and submitting information to Us. Disputing a Notice to End Tenancy Data will therefore be retained for the following periods (or its retention will be determined on the following bases): Member profile information is collected with your consent and can be amended or deleted at any time by you; Anti-Money Laundering information and tax consultancy records are to be kept as required by law for up to seven years. Calculations are based on a start date defined as the date that the security deposit is given to the landlord, and an end date defined as the tenancy end date; For the purposes of the calculation, all years have 365 days. Get the deposit cap right with our handy calculator. Note: the interest payable on deposits has been 0% since 2009. Interest must be paid annually on the anniversary date of a tenancy either directly to tenants or as a credit towards the next month's rent. Data security is very important to Us, and to protect your data We have taken suitable measures to safeguard and secure data collected through Our Site. We do not keep your personal data for any longer than is necessary in light of the reason(s) for which it was first collected. By giving your consent to the placing of Cookies you are enabling Us to provide the best possible experience and service to you. For more details on security see section 7, below. Website analytics refers to a set of tools used to collect and analyse anonymous usage information, enabling Us to better understand how Our Site is used. Details of the Cookies used by Our Site are set out in section 13, below; means the relevant parts of the Privacy and Electronic Communications (EC Directive) Regulations 2003; means any and all data that relates to an identifiable person who can be directly or indirectly identified from that data. Use this calculator to determine when the landlord must either initate the return of the security or pet damage deposit or obtain permission from the tenant or apply to the Residential Tenancy Branch to keep it. Return the deposits to the tenants directly and notify the new owner that the security deposit has been returned to the tenants. We may sometimes contract with third parties to supply products and services to you on Our behalf. You must be logged in to view this form. Our response to COVID-19 | Province-wide restrictions. You can also check if your current deposit meets the new obligations and get advice on how to … Purpose of a Security Deposit. There may currently be a slight difference between the interest calculated by this calculator and the Branch’s computer system. However, to use all features and functions available on Our Site you may be required to submit or allow for the collection of certain data. A landlord may request that a tenant pay a security deposit at the beginning of a tenancy. You have the right to withdraw your consent to us using your personal data at any time, and to request that we delete it. Protect your tenant ’ s rent Manager of Corporate Web, Government Digital experience Division Cookies and third! Site depend on Cookies to be “ strictly necessary for Cloudflare 's security and! Features of Our Site may place and access certain areas of Our Site use ( s ) Cookies be. Amount of interest that should be returned with a tenancy this made it illegal for landlords letting. 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