Deposit Scheme For Regulated Agents (DSPRA)
- The system used prior to the 2004 Housing Act as amended by the Localism Act 2011.
- This was a voluntary scheme until the HA 2004 was implemented on 6 Apr 2007.
- The new rules are mandatory for AST
- Any other tenancy is exempt but can include the scheme voluntarily.
- See Deposit Protection
- See Superstrike v Rodrigues
- See non compliance implications if not fit and proper person.
- The maximum amount of deposit is two months rent or 1/6th of the annual rent. See implications in Premium Tenancy.
Published: 24 September 2015 Last Updated: 17 November 2021