Originally published at: https://devopenrent.wpengine.com/deposit-protection-scheme-guide-custodial-insured-security/
Two Kinds of Deposit Protection Scheme There are two kinds of scheme that landlords can use to register a rental security deposit: custodial and insured. The main difference between them is simple. Under a custodial scheme, the money is held by the scheme provider; under an insured scheme, the landlord can keep the money in…