Propertymark chief executive Nathan Emerson says he will use his role on the board of The Deposit Service to fight for agents’ interests.

Propertymark was one of the founders of TDS in 2003 along with the Royal Institution of Chartered Surveyors.

Emerson replaces former Propertymark policy chief Mark Hayward who has now retired.

“I am really pleased to take my place on what is a very active and forward-thinking board at TDS” says Emerson.

“I want to be able to champion the interests of agents whilst supporting the board to deliver its strategy and achieving its goals.”

TDS is a tenancy deposit schemes across the UK with over £2 billion of deposits protected. 

It is a not-for-profit company limited by a guarantee, to operate a voluntary tenancy deposit scheme on behalf of ARLA and RICS lettings agents. 

It offers Propertymark and RICS agents preferential deposit protection rates.

TDS also operates the Tenancy Redress Service, TDS Resolution, TDS Northern Ireland, and SafeDeposits, and has recently been selected as the New Homes Ombudsman.

TDS has established two charitable arms – TDS Charitable Foundation and SafeDeposits Charitable Trust – which distribute grants aimed at raising standards in the private rented sector.