New TDS Required Clauses

The Dispute Service, operators of one of the two insurance backed tenancy deposit protection schemes will shortly be providing guidance as to their position on the changes to the maximum rent threshold under the Housing Act 1988.

More importantly we understand that TDS will be updating document TDS G which contains the prescribed clauses that TDS require to be placed in any tenancy agreement that is to be dealt with under the scheme. There are to be two different sets of clauses. One set will be for Assured Shorthold Tenancies that are being formally registered with TDS to comply with the requirements of the Housing Act 2004 (although these are unchanged from previous versions) while the other are for Non-Housing Act tenancies which are not being registered but wish to make use of TDS to resolve any disputes over the tenancy deposit at the end of the tenancy.

It should be noted that TDS will now be charging for their adjudication services in relation to disputes over Non-Housing Act tenancies.

We understand that the new version of TDS G will be available from Monday 13 September. On that date it will also be possible to purchase ASTs and Non-Housing Act tenancies incorporating the new clauses from the PainSmith webshop. It will also be possible to purchase deeds of variation which will insert the relevant information for any of the three protection schemes into a tenancy agreement which is converting to an AST on 1 October.

You can view all our posts on the AST threshold change by following this link.

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