The government has said that third party administrators will run the new Tenancy Deposit Schemes and is going out to tender to find organisations to do this, writes David Lawrenson

Whoever is chosen will have to be respected because the administrators will have to run dispute resolution procedures for landlords and tenants who can't agree about the return of deposits.

These resolution procedures will, however, be non-compulsory.

It looks like only one provider will end up running each of the custodial and insurance based schemes - a move that is contentious and has resulted in the government being accused of creating a state-backed monopoly.

More worrying for landlords are concerns about how well the new scheme will be communicated.

It seems that the government's advisors advised against a national media advertising campaign to reach the 2.2m tenants and 700,000 landlords who will be affected.
They seem to be hoping that letting agents and landlords' associations will pick up the task of making the existence of the scheme known to their clients and members.