Purple Bricks Fail To Provide TDS Information to over 7000 Tenants

Do you rent through Purple Bricks? There is a chance that you could now be entitled to compensation. Here’s why:

Purple Bricks have seen their shares lose 20% in value due to a multi-million pound payout relating to a “process error” for their lettings business. This error has means they cannot release its half-year results, which were due today (Tuesday 14th December)

Your landlord is required by law to place your deposit into an authorized tenancy scheme. Tenants should have received legally required documents stating that their deposits had been placed into a national protection scheme within 30 days of receiving the payment. This error means they have not done that to schedule, meaning tenants are entitled to compensation.

What we can do:

If your landlord has failed to provide you with your tenancy deposit scheme (TDS) information within 30 days of them receiving your payment, you are entitled to compensation. At The Byrne Practice, we are familiar with these claims and can help you on a no win no fee basis. If you are entitled to compensation, you could receive up to 3 times the amount of the original deposit.

If you would like us to evaluate your current circumstances with your landlord, please email to rabyrne@tbplaw.co.uk so that we can look into your potential case.

Posted on 14/12/21