Our ‘£1billion’ birthday party!

By The DPS director Kevin Firth

Since The DPS launched on April 6, 2007 just over £1,125,000,000 has been repaid to tenants and landlords across England and Wales.

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It was in our most recent year – 2012/13 – that the cash we have handed back finally crossed the £1billion mark. Quite an achievement and we’re very proud of it.

The only way that was possible is through a combination of efficiency and serious capability.

Smooth administration of the systems sitting under deposit protection laws has helped make them such a success – and we’re very proud of that, too.

A big year

It’s no exaggeration to say this has probably been the most important year for us since our launch in 2007.

I see the £1billion mark as evidence of the trust which is well placed in us as an organisation. We’re very grateful to every one of our customers.

More detail on our year can be found in our press release. In the meantime, we’re not spending any time congratulating ourselves! We have new plans afoot, so watch this space...

In the meantime – here’s to another great year!