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MyDeposits Jersey

Thursday 18th January 2024

All deposits placed to rent a property must be protected with My Deposits Jersey within 30 days of receipt from the tenant. Mydeposits Jersey is the only States’ approved tenancy deposit scheme.

Deposits are protected for the length of the tenancy and will be paid back to the tenant if they:

  • Meet the terms of the tenancy agreement
  • Don’t cause any damage to the property
  • Pay their rent and bills in full

You can find out more about deposits on the mydeposits Jerse​y website.

 

How the scheme applies to leases

The scheme applies to self-contained accommodation, including bedsits and studio flats. This means that only the occupants use it.

Where a deposit is needed to rent self-contained residential accommodation, the deposit should​​ be placed in the scheme.

 

How your deposit is protected

Your deposit will be transferred to a regulated bank and held in an account until it’s due to be repaid at the end of the tenancy.

Your deposit will be protected:

  • If your landlord or agent goes out of business
  • In the event of any claim against Mydeposits
  • In the event of bank failure

 

Confirmation that your deposit is protected

When a deposit is placed in Mydeposits, both landlords and tenants will receive confirmation that the deposit has been protected.

This includes information about:

  • How much deposit has been paid in
  • How to get your deposit back at the end of your tenancy
  • What to do if there’s a dispute over the deposit

If you’re a tenant and you believe any information provided by your landlord is incorrect, you should email info@mydepositsjersey.je.

 

Landlords’ responsibilities

You must put your tenant’s deposit in Mydeposits within 30 days of receiving the money.

If you do not put your tenant’s deposit in the scheme, you could be fined up to £10,000.

 

If your landlord doesn’t protect your deposit 

You should first check with Mydeposits if you’re not sure whether your deposit has been protected.

If it hasn’t, you can contact Environmental Health. They may begin court proceedings to make your landlord protect your deposit and could issue them a fine of up to £10,000.

 

Getting your deposit back at the end of the tenancy

The landlord or tenant can apply to Mydeposits to get the deposit back at the end of the tenancy.

You’ll need to tell them how much should be paid back and to who.

Mydeposits will write to you asking you to confirm if you agree with the application, or whether you want to dispute the amount. If you agree, M​ydeposits will repay the deposit out as agreed within 5 working days.

You should try to agree between yourselves how much deposit money should be returned to you before applying for the return of a deposit, as it could cause delays otherwise.

 

Disputing your deposit

Mydeposits offers a free dispute resolution service if you disagree about how much deposit money should be returned at the end of a tenancy.

You can also have your case heard by the Petty Debts Court.

Find out more about the dispute resolution service on the mydeposits Jersey website.


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