Document background
The Security Deposit Confirmation Letter is a crucial document in England and Wales' residential letting process, required when landlords or agents receive security deposits from tenants. Following the introduction of mandatory deposit protection schemes under the Housing Act 2004, this letter serves to document compliance with legal requirements and provide tenants with essential information about their deposit's protection. The letter confirms the deposit amount, protection scheme details, and protection timeline, typically issued within 30 days of receiving the deposit. It helps ensure transparency and compliance with deposit protection legislation while providing tenants with necessary information about their rights and the deposit's safeguarding.
