top of page

"When you rent through us, you have the option to pay zero deposit upfront."

Zero Deposit Scheme

A Zero Deposit Guarantee is an alternative to a traditional tenancy deposit. It provides the same level of financial protection and security to landlords, whilst reducing the upfront costs to tenants. With Zero Deposit, tenants will still complete their referencing checks as per the usual process and will remain wholly responsible for any financial loss or damage covered by their Assured Shorthold Tenancy agreement.

Why choose Zero Deposit?

Speeds up the process

Zero Deposit is helping to solve financial challenges for tenants who, on top of rent and other costs of moving, need to find the value of at least five weeks' rent for a security deposit. By helping to tackle these affordability issues, Zero Deposit can help tenants move into properties faster and reduce large upfront costs, in-turn helping reduce void periods for landlords and offering greater protection to landlords

Security Reasons

To ensure that you have a hassle-free experience at the end of your tenancy, we will be adding an additional cost to your monthly rent. This covers any unexpected issues that may arise when you move out. We believe that this will help you have a stress-free and smooth transition at the end of your tenancy.

Zero Deposit Calculations

We typically require a five-week deposit upfront from tenants as a security measure. However, in this particular situation, we have modified our policy. The deposit will be spread out over the course of the contract agreement instead of being paid all at once.

​

Example of ZDP

If the rent of the property is £1,000pcm on a 12 months agreement then you should expect to pay us the sum of £1,153pcm.

​

Here to help

Get in touch with one of the team to find out more about the zero deposit scheme.

bottom of page