Important changes from 1 April 2023
Important changes from 1 April 2023: The law changes in Northern Ireland from 1 April 2023. On or after that date landlords must protect their deposit within 28 days of receipt [up from the previous 14 days] and supply the Prescribed written information with 35 days [previously 28 days] of receipt of the deposit. Failure to protect the deposit within the statutory timetable is a continuing offence.
- It is now a requirement for a landlord to provide a written receipt for any payment made in cash in relation to a tenancy.
- A landlord cannot ask for or retain a tenancy deposit that is more than or equivalent to one month’s rent.