Tenancy deposit scheme withdrawn from unregulated letting agents

The tenancy deposit scheme (TDS) will only provide deposit protection and alternative dispute resolution to agents who are members of recognised professional bodies. The TDS said it was writing to all members who are unregulated agents to inform them that they will have to make alternative arrangements to protect deposits when cover finishes for them in April. It is writing to tenants also, but has advised them to ensure that their landlords have made alternative arrangements.