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Short term letting and tenancy deposit schemes

I am about to take on 3mth short-term let which is renewable and negotiable at the end of the tenancy. The landlord/agent has informed me that this lease is considered as a short-let as opposed to an Assured Shorthold Tenancy (AST) and therefore does not require to register the deposit into an approved tenant deposit protection scheme - is this correct? I have been told that it will be 'transferred to a separate account' and 'kept there until the end of your stay'. Just curious to find out if the deposit needs to be appropriately protected. Thanks

Asked on Sep 12 2012, Renting in London | Report content

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