NLA agrees sale of Tenancy Deposit Solutions Ltd (TDSL) shares to Hamilton Fraser
Hamilton Fraser (HFIS plc) has taken full ownership of Tenancy Deposit Solutions Ltd (TDSL), which runs mydeposits, one of the three Government-approved tenancy deposit protection schemes, following the purchase of the shares of its joint venture partner, the National Landlords Association (NLA).
Hamilton Fraser and mydeposits CEO, Eddie Hooker said, “Hamilton Fraser and the NLA have always sought to do what was best for mydeposits and its customers. Bringing mydeposits more closely within Hamilton Fraser, therefore being able to utilise common operational functions, will enable us to enhance our service and build the business further. While the NLA will no longer be directly involved as a shareholder, it will continue to support mydeposits and promote it to its members.