ZERO DEPOSIT FOR LANDLORDS


Maximise your rental income and avoid move in delays with a Zero Deposit Guarantee.

A Zero Deposit Guarantee allows our potential tenants to have to a different option to a traditional tenancy deposit, giving you the landlord, effectively the same cover and protection as having a tenancy deposit in the bank.

Offering a Zero Deposit Guarantee as an option on your property helps you stand out from the crowd and attract a wider audience of tenants, which can lead to faster renting and higher rents.
 

Zero Deposit does not mean Zero responsibility.

Bad tenants are not let off the hook. Less than 1% of tenancies end with a full dispute*, but when they do we’ve got your back. We pay approved claims directly to you and pursue the tenant for payment, with financial and credit record penalties if they fail to pay.


Why choose a Zero Deposit Guarantee?

Zero Deposit reduces the upfront cost of renting for tenants, helping your property stand out from the crowd and attract a wider audience of tenants, which can lead to faster renting and higher rents.

  • Speeds up the rental process
Zero Deposit helps tenants reduce the upfront cost of renting, which can help speed up the process and reduce void periods.
  • Provides security & protection

A Zero Deposit Guarantee provides the same cover as a 6-week tenancy deposit and is underwritten by Great Lakes Insurance SE.

  • Helps to attract a wider audience
By giving you the potential to attract a wider audience of tenants, you can increase demand and reduce the time taken to rent.
  • Supports accountable tenants

Tenants remain fully accountable for looking after your property and making rental payments, with us only making payment to you in the event of a fair claim at the end of the tenancy.

  • Reduces paperwork & hassle

A Zero Deposit Guarantee is not a traditional deposit, so it doesn’t need to be registered with one of the deposit protection schemes, which can save landlords time and money.

 
 
 

What to do next

Let us know you want your properties to be available with Zero Deposit to help attract the widest possible tenant audience, we’ll handle the rest.

For more information call 020 3961 7776 or contact your local branch.

*source Tenancy Deposit Scheme April 2017