Prescribed information and Renters Right Act

mills112

https://forums.moneysavingexpert.com/discussion/comment/81954621#Comment_81954621

my friend has protected his deposit with mydeposits and he hasn't heard anything from them. i would expect the process to be automatic for fixed tenancy that ends after 01.05.2026 and you don't need to select to turn it into periodic as it has to become periodic as mandatory, there is no choice to it and you can't end it as it hasn't ended.

haveabreak

https://forums.moneysavingexpert.com/discussion/comment/81955188#Comment_81955188

I've got an email from the DPS telling me the protection will end if I don't take action (under the Insured Scheme). The tenancy end date is a couple of days after 1st May. I don't know if it is worth waiting till 1st of May to know if it is automatic - I will probably set it to periodic now and let them sort it out on 1st May.

mills112

https://forums.moneysavingexpert.com/discussion/comment/81955264#Comment_81955264

that sounds like the old automated emails that I used to get from mydeposits when I was renting out properties when a tenancy is near the end, where I had to select to turn it into periodic or it will stop. if I remember correctly, I had to make the choice within 10 days of the contract ending. i don't think that is from the new system, which probably won't be kicked in until 01 May. I am assuming that may be when you will get the notifications from the deposit schemes about the new periodic process but I would expect that it will turn periodic for all existing tenancies on 01 May, including ones that end shortly after that.