mydeposits Reviews 

1,404
TrustScore 3.5 out of 5

3.5

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Review summary

Created with AI, based on recent reviews

Looking at 230 reviews, most reviewers were somewhat happy with their experience overall. Many consumers frequently praise the helpful staff members for being exceptionally polite, patient, and knowledgeable when dealing with various deposit queries. Reviewers often note that once they finally connect with someone, the representatives provide clear step by step guidance and efficiently resolve problems. However, some customers also noted that reaching support takes a very long time due to lengthy phone queues and unresponsive live chat systems. Several other people mentioned that the updated online platform feels difficult to navigate, making the entire procedure much less intuitive and functional than before.

What people talk about most

Staff

Consumers find staff to be exceptionally helpful, professional, and knowledgeable. Many reviewers highlighted... See more

Customer service

Customers had ambiguous experiences with customer service. Many consumers report extreme frustration with... See more

Service

Customers consistently note mixed experiences with service, reflecting high disagreement among users. While... See more

Response time

Reviewers mention negative feedback about response time, consistently highlighting frustration with extremely... See more

User experience

Clients share ambiguous opinions on user experience with the new platform. Reviewers note that what was once... See more

Reviews shaping this summary

Rated 4 out of 5 stars

It has been a mission to deal with the company since the change of platform. It we were advised about it we missed the email. I think at least one other follow up should have been sent and/or a text t... See more

Rated 4 out of 5 stars

The wait time was well over an hour for my call to be taken. (19 people ahead of me) However once I was finally connected to Clare she was very helpful and supportive and called me back as I was ha... See more

Rated 5 out of 5 stars

My experience from start to finish was excellent . I initially spoke with 3 people all were so helpful and put me at ease and explained everything so clearly . I have been with My deposits for y... See more

Rated 5 out of 5 stars

My call was answered quickly and Nic was just the right balance of being polite, friendly, helpful and efficient. She listened patiently whilst I explained why I was ringing, was eager to help me, ch... See more


Company details

  1. Insurance Company
  2. Financial Consultant
  3. Insurance Agency
  4. Insurance Broker
  5. Non-Bank Financial Service

Written by the company

We provide a simple deposit protection solution for landlords, letting agents and tenants through out the UK.


Contact info

3.5

Average

TrustScore 3.5 out of 5

1K reviews

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No recent history of asking for reviews

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3.5

All reviews

(1,404)

237 reviews in the last 12 months

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Rated 1 out of 5 stars

Terrible new website and ripoff cost increase

The move to the Total Property has been a disaster. They re-named all the properties incorrectly and when you want to protect / unprotect a deposit that used to take 2 minutes on the old website now takes 20 minutes and requires lots of documents uploading. That's not progress; things should get simpler not vastly more complicated for no apparent reason.

Took over an hour and a half to speak to someone on chat to try sort out how to do something on the awful new website. That's not acceptable.

The final straw though is that previously it was a one off fee of around £14 to protect a deposit. Now they want that every year so for a 3 year tenancy, instead of costing £14 it now costs £42. Total Property = Total Ripoff.

I understand that prices need to increase from time to time but changing from a 1 off payment to annual does not reflect their actual increase in costs it's simply an opportunity to ripoff landlords even more than the government is doing.

Having used MyDeposits for 14 years and previously been very happy with the cost and the ease of use, the terrible new process and the ridiculous cost increase means I will never use them again.

They're part owned by the National Landlords Association who should know better so I'll be cancelling my membership there too if all they're interested in is costing Landlords money not protecting our interests.

1 September 2026
Unprompted review
Rated 1 out of 5 stars

Use a different company

Use a different company, they are an absolute nightmare to get hold of. 45 minutes wait each time then you get there lovely cocky and arrogant staff on the phone.

1 September 2026
Unprompted review
Rated 1 out of 5 stars

The new website is dreadful

The new website is dreadful. Previously it was very easy to navigate and protect and unprotect deposits. I'll be moving my business to another provider as soon as the tenancies come to an end. Some advice - if it ain't broke, don't fix it.

29 August 2026
Unprompted review
Rated 5 out of 5 stars

Great service

Great service by Clare-Louise, resolving my issue with the platform and sent my a handly guide.

28 August 2026
Unprompted review
Rated 1 out of 5 stars

Shambles

Shambles

The company have just migrated to total property. Total disaster. Website isn't functional and looks like its been designed by teenagers. Confusing information. Price increases. Not replying to emails, live chat wait times approx 1 hour to then get through to someone who clearly doesn't know what they are talking about. No notification of policy changes. We have been using my deposits for years and will now be looking at an alternative. I'm sure they will loose a lot of customers in the not too distant future.

28 August 2026
Unprompted review
Rated 1 out of 5 stars

Beware

We have been professional portfolio landlords and long-standing users of MyDeposits for many years. Unfortunately, the recent migration to the new system for insured-backed deposits has been an extremely disappointing experience.

The new “Total Property” website and associated process have introduced additional layers of administration and complexity without any apparent benefit to landlords. What was previously a relatively straightforward process has become confusing, time-consuming and unnecessarily bureaucratic.

The impression is that MyDeposits has designed the new system around its own administrative requirements rather than the needs of its landlord clients. For professional landlords managing a portfolio of properties, the additional workload is simply unacceptable.

What is particularly frustrating is the lack of meaningful customer support. We have contacted MyDeposits regarding the issues we have encountered and have not received adequate responses to our emails. We have now had to escalate matters by lodging a formal complaint.

After many years of using the service, it is extremely disappointing to see a system migration that appears to have made the service substantially less efficient and significantly more onerous for its customers.

MyDeposits needs to recognise that landlords are its clients too. A system change should simplify administration, not add unnecessary layers of it.

At present, based on our experience, I could not recommend MyDeposits to other professional landlords. We sincerely hope the company takes the complaints being raised seriously and either fixes the system or provides a practical alternative for portfolio landlords.

28 August 2026
Unprompted review
Rated 5 out of 5 stars

Super fast and helpful live chat support!

Excellent and super efficient customer support! I had an issue linking my deposit certificate online and reached out via Live Chat. The agent Callie was extremely helpful, patient, and resolved my issue within minutes. Truly professional service!

27 August 2026
Unprompted review
Rated 5 out of 5 stars

We spoke to Nic who was absolutely…

We spoke to Nic who was absolutely fantastic who guided us through the process. She was extremely helpful, pleasant and very polite. She is a credit to this company. As this is very new to us Nic made the process more easy for us with her professionalism and knowledge. We hope now that we have put the wheels in motion to get our deposit.
Many thanks to Nic for all her help.

25 August 2026
Unprompted review
Rated 1 out of 5 stars

Uncontactable

Have been trying to contact this company for over a month through emails, telephone and their useless chats system "you are 89th in the queue and will be answered in 74 minutes".
Dreadful service

27 August 2026
Unprompted review
Rated 1 out of 5 stars

They do not answer the phone

As a landlord, getting through on the phone today was a nightmare. Think I wll use a different scheme next time. It should be easy to protect a deposit and it was not at all.

27 August 2026
Unprompted review
Rated 1 out of 5 stars

Shocking customer service

I have been a member for years, and I have to say I’m extremely disappointed with the recent changes to the website.

They have completely changed the format without notifying members properly or providing any tutorial or guidance on how to use the new system. The new format is extremely different from the previous one, making it difficult and frustrating to navigate.

I called today for assistance and have now been on hold for over an hour, while still maintaining my position at number 4 in the queue. Clearly, there aren’t enough staff available to support members with the new system.

I was warned that there was a “high volume of callers” — but if you aren’t answering the phone, what do you expect?

After being a loyal member for so many years, this is incredibly disappointing. Changes like this should be accompanied by clear communication, proper guidance and adequate customer support.

27 August 2026
Unprompted review
Rated 2 out of 5 stars

New platform complex

New platform complex, illogical and difficult to navigate. Spent 80 minutes in queue, then further 1 hour, trying to resolve glitches that occurred when data migrated over onto new system. System not at all customer facing or user friendly. Terminology used confusing. All in all a very frustrating experience e.

26 August 2026
Unprompted review
Rated 1 out of 5 stars

Bad interface, extremely poor customer service

Confusing interface, resulting in much frustration. Even worse they have made customer support essentially unusable - telephone wait times of over an hour and the chatbot help made me wait an hour and then it kicked me off! The management of this company has clearly failed in their task of provising a usable, logical platform for what is the most simple of transactions. Really really bad service.

26 August 2026
Unprompted review
Rated 1 out of 5 stars

I have been waiting to get a deposit…

I have been waiting to get a deposit back for my ex partner who sadly died and even though they have all the information they need they still do not reply to emails or release the money - shame on this company their customer service is non existent woeful

25 August 2026
Unprompted review
Rated 1 out of 5 stars

Absolutely awful.

Absolutely awful.

I cant link my deposit to raise a dispute. Its been going on for weeks and weeks. The new system is awful. Cant get through on phone and wait hours for live chat.
Im promised emails that do not happen and no reply to complaints. Im going to the ombudsman now.

25 August 2026
Unprompted review
Rated 5 out of 5 stars

I had trouble finding the way to get my…

I had trouble finding the way to get my deposit. It is definitely not made easy. But aafter a long wait to get to the agent (just ober and hour), i got through Benjamin and he was very plesant and patient with me, waited until the very last minute when everything was sorted. Shout out to him!

You could make that a little bit less complicated but it's fine.

25 August 2026
Unprompted review
Rated 5 out of 5 stars

Incredible Customer Service Advisor

My review is regarding the representative, Nic, who dealt with my query. I've never experienced such wonderful customer service. Nic was incredibly friendly and easy to communicate with, empathetic to my current situation and knew exactly what to do in terms of the step by step process of dealing with the situation. I really can't speak highly enough of her. I hope that management realise what a valuable asset they have within their company.

25 August 2026
Unprompted review

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