Deposits from over 3,500 tenants have been protected during the first year of the States’ approved tenancy deposit scheme, mydeposits Jersey. Since 2 November 2015, landlords and letting agents have been legally required to protect their tenants’ deposits by placing them in the mydeposits Jersey scheme. Under the law all landlords and agents who take a deposit from their tenant on a new, renewed or varied tenancy agreement must transfer the money to mydeposits within 30 working days of re...Read more

More than £1.75 million worth of deposits have been securely placed in the States’ approved tenants deposit scheme which came into force on 2 November 2015.

Landlords and letting agents are being reminded to protect their tenants’ deposits in the new mydeposits Jersey tenancy deposit scheme.

Under the new law, all landlords and agents that take a deposit from their tenant on a new, renewed or varied tenancy agreement must transfer the money to mydeposits within 30 worki...Read more

Head of Dispute Resolution at mydeposits Jersey, Suzy Hershman offers her top tips and guidance when dealing with wear & tear

For a long time, the issue of fair wear and tear has been very much a grey area. Landlords and tenants often disagree over what is classed as fair or excessive damages which often leads to deposit disputes.

Fair wear and tear has been defined as “Reasonable use of the premises by the tenant and the ordinary operation of natural forcesâ€...Read more

During the festive period we will be operating our normal hours of 8.30 - 17:30, Monday to Friday apart from on the dates specified below:

• Thursday 24 December 2015 - 8.30am - 4.00pm
• Friday 25^ December 2015 - Closed
• Monday 28 December 2015 - Closed
• Friday 1 January 2016 – Closed

During this period you can still join mydeposits Jersey online and manage your depos...Read more

mydeposits Jersey and Community Savings, the Jersey charity that focuses on providing financial advice and support, are delighted to announce a local support relationship that will offer Jersey residents face-to-face advice on tenancy deposit protection.

From the 2 November 2015 new legislation comes into play that will require all landlords and letting agents to protect their tenant’s deposits with mydeposits Jersey, a scheme authorised by the States of Jersey to administer tenancy d...Read more

Landlords and letting agents are being urged to prepare for the arrival of tenancy deposit protection on 2 November 2015.

The scheme administrator, mydeposits Jersey, who signed contracts with the States of Jersey on the 17 September have invited landlords and letting agents to join the scheme early from 1 October, and have also announced a series of free workshops in October in the build-up to the go live date.

Eddie Hooker, CEO of mydeposits Jersey commented:

“From...Read more