mydeposits

Money & Insurance
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711 reviews
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Customer Reviews about

mydeposits

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elkhaoudi wijdane

5.00/5.00

"helpful"

helpful, quick assistance, and straight to the point. Easy access to the chat

09/01/2024

Kat

1.00/5.00

"The worst of the schemes"

The worst of the schemes. It takes a minimum of an hour for them to pick up the phone. The case handler never calls back. They do not follow their own policies & rules. They do not read all the paperwork provided, in particular key documents, such as AST, and do not follow the law of the land in their decision-making. They take ages to respond to emails.
I'm transferring all my deposits to a more efficient and professional deposit scheme, that has better response times and case handles that have professional qualifications to do the job for improved standards and that has sufficient staff numbers to do the job.

13/12/2023

Dave Rathore

1.00/5.00

"Very disappointed with this company"

Very disappointed with this company. I asked them to transfer my tenants deposit into my DPS account so as to have all my deposits in the same place. After about 3 weeks of waiting they sent me an email saying there was a problem in transferring the deposit and it wasn’t protected or held by them.
I panicked thinking the deposit was lost or maybe I'd given the wrong account numbers etc. Turns out they just send out a generic email stating a problem when in fact the funds are in the process of being transferred. So poor communication.

08/12/2023

tony ryan-fecitt

1.00/5.00

"Disgusted"

I have been a professional landlord for fourteen years and in this time I have looked after my tenants very well. The first time I have a dispute concerning the condition of a property My Deposits sided with the tenant - I asked for part of the deposit but not all of it in order to repair a shower (which has been rendered inoperable twice). I award this company zero and they should be removed form the market place as they obviously didn't look at my detailed report and photographic evidence. They plainly have no idea what they are doing. In the end it cost me £10000 to get my property repaired to the standard to which it was first rented to this tenant, this does not include any charge for labour. The tenant left and had not even cleaned the property and shouted "unfair" at every opportunity. Its a shame as I have always had good working relationships with past and present tenants. I am appalled by the lack of judgement within this company and have now removed my business elsewhere, so Landlords beware this company will not support you fairly. I should stress that I was not asking for costs for labour just parts and materials in order to repair the property to the condition it was in when the tenancy commenced. This company said I was entitled to £97 to fix all the problems the tenant left me. DISGUSTED.

05/12/2023

Jennifer

1.00/5.00

"Biased company"

Biased company which favours the landlord. We provided full dated photographic evidence of things we were charged for which were faulty or damaged BEFORE the beginning of our tenancy, but were only refunded part of our deposit. It seems they were trying to strike a balance between keeping the landlord and the tenants happy, rather than being truthful. If we weren't students at the time, I would have taken this further because it is not legal what they did. Your deposit IS NOT protected with this company; do not use them if you have a choice.

21/11/2023

mohammad reza moattar

1.00/5.00

"Useless company"

Useless company. They have reviewed my dispute with my tenant and came with imaginary outcome which is even worse that the tenant himself.
They have just ignored a lots of facts from the information provided.
They also have shortage of staff. The process to speak to someone is awful and you will be in the queue each time for over 45m at least.

15/11/2023

Ian Wardell

1.00/5.00

"Mydeposits wholly ignored what my complaint was about"

My complaint to Mydeposits was over the fact that the landlord made me pay for a new carpet when the old carpet was just over 8 years old. I explained in my complaint to Mydeposits that it would be unreasonable to expect me to pay for a new carpet as the lifetime of carpets is only about 8 years or not much more. I also made it very clear that I was *not* remotely disputing the fact that the existing carpet needed to be replaced (or cleaned).

Both the landlord and Mydepostis completely ignored my argument here, and made out I was disputing the condition of the carpet. Something I denied time after time after time.

So the landlord gets my money. Which seems to me to be an utter disgrace. What is the point of Mydeposits if they simply completely ignore the substance of my complaint? The company is a complete and total disgrace.

15/11/2023

Amir Malik

1.00/5.00

"Useless company"

Useless company, avoid if you can. I am a landlord. I forgot my login details. The system is so dreadful that it doesn't let you change passwords. It asks you for your "memorable word" to change password. If you cannot remember your password, how are you going to remember your memorable word? It's like asking, "what is your password to change your password"? Very stupid. If you try calling, the automated system cuts you off unless you know what your membership number is. You then try chat, which takes a long time, and they are dismissive and don't care at all, and make you go through multiple hoops. This is just for access. I dread to think what this company would be like if I have issues with my tenants. Just avoid this nightmare of a company.

08/11/2023

Jade Penney

1.00/5.00

"If I could give them a no star I would!"

If I could give them a no star I would. Moved out of the property in august and still waiting on my deposit back! Being passed from person to person and still get nowhere. On the phone for an hour to be cut off, on the chat there’s these same two people each time and say they cant help it’s not their department.. very rude and one ended the chat while I was still talking. They say people will be in touch and they never do so ring up/ go on the chat to speak to someone else and get the same people and be told the same thing about being contacted another day and still nothing! 2 months and still no deposit! Absolute joke!

31/10/2023

Dan Booker

1.00/5.00

"I am currently waiting for my deposit…"

I am currently waiting for my deposit from this company after four months of raising a dispute against the landlord.

I have constantly had to chase them and always get there are experiencing high volume of calls message as standard.

I believe they hold onto the deposit as long as possible, because if it is in their bank, they can gain interest on a group of money from a lot of people and it becomes a revenue for the company. This is why their response time is really slow.

I think this company needs investigating and reporting to trading standards.

27/10/2023
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