SafeDeposits is an independent tenancy deposit protection scheme approved by the Scottish Ministers under the Act. SafeDeposits is a not-for-profit company limited by guarantee with its members being: National Federation of Property Professionals (NFOPP) National Union of Students Scotland (NUS Scotland) Royal Institution of Chartered Surveyors (RICS) Scottish Association of Landlords (SAL) Scottish Council for Voluntary Organisations The Dispute Service (TDS) We have an independent Scottish chairman, Sir Andrew Cubie CBE. SafeDeposits is governed by people who understand and have a wealth of experience of the Scottish private rented sector. In fact, many of us are currently landlords or have been agents in the past, so we fully understand the challenges that can arise around the return of deposits. SafeDeposits is a not-for-profit company, and any surpluses generated will be gift aided to our related charity, the SafeDeposits Scotland Trust - a grant giving charity, currently being set up, which is designed to promote best practice in Scotland''s private rented sector. SafeDeposits is designed to ensure that tenancy deposits are securely held and protected, and that disputes about their return are resolved quickly, cheaply and fairly. SafeDeposits is free to use (including the Alternative Dispute Resolution process) and open to all landlords and their agents. SafeDeposits is funded entirely from the interest earned on deposits held. Thus neither landlords, tenants, nor agents have to pay any fees to take part in the scheme. We are a Scottish company operating from our central office in Brunswick House in Glasgow City Centre. Our Glasgow-based call centre is now live and ready to answer your questions.51 Wilson Street
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