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  • Deposit Protection

    Best deposit company

    Hi there,

    this is my first ever post in here so please be gentle!

    Out of the different deposit schemes out there which is the best for landlords? Set up as a sole trader residential buy to let properties.

    Many thanks.

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    I prefer the insurance backed ones where I keep the cash - easier for me to control + actually quicker and more flexible when it comes to returning the deposit at the end.

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    DISCLAIMER just my personal opinion - for legal advice consult a qualified professional grown-up.


    I've always used MyDeposits https://www.mydeposits.co.uk/ as owen_o above, I use their insurance backed scheme where I hold the bonds in a client account.

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