Where a tenancy deposit was received before 6 April 2007 in connection with a fixed term which rolled over into a statutory periodic tenancy on or after that date and the deposit is still held by a landlord in connection with the periodic tenancy, the landlord has until 23 June 2015 to ensure that the deposit is protected with an authorised scheme and prescribed information served. If a landlord takes these steps (subject to any court proceedings as below), they will not be liable for a penalty claimed by the tenant.

There are some transitional provisions within the Deregulation Act which would need to be considered on a case by case basis as they affect matters subject to Court proceedings and issues relating to costs. I am happy to consider any queries that landlords have in this respect.