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What is SafeDeposits Scotland?
SafeDeposits is Scotland’s leading tenancy deposit scheme, which has attracted approximately 60% of the market.
We hold the deposit during the tenancy to keep it safe and make sure it’s available to be returned to the tenant at the end of the tenancy, if they've met the terms of their tenancy agreement.
We also offer an impartial adjudication service if a landlord and tenant can’t agree on who the deposit should be repaid to at the end of the tenancy. This means we’ll ask the landlord and tenant for further information so an impartial adjudicator can decide what repayment is fair.
SafeDeposits ensures that:
• all tenancy deposits are securely held and protected;
• all disputes about the return of the deposit are resolved quickly and fairly;
• our service is achieved without any additional cost to either landlord or tenant.
Unlike other tenancy deposit schemes, SafeDeposits is a not-for-profit organisation, and any surpluses generated are gift aided to our related charity, the SafeDeposits Scotland Trust - a grant giving charity designed to promote education, training and best practice in Scotland’s private rented sector.
We're the only tenancy deposit scheme based in Scotland, operating from our central office in Glasgow city centre.