Smart Deposit

£250

Deposits on rental properties can pose a real challenge for landlords and tenants when it comes to deposits on rental properties. With more and more legislation which landlords have to adhere to for holding tenant deposits and the increasing cost of living which may mean tenants are struggling with the upfront cost of a deposit, it is time for a change.

Smart Deposit is a warranty product which benefits both the landlord and the tenant. It allows the tenant to move into a property without having to find a large, sometimes unaffordable upfront sum and it covers the landlord for damage to the property AND unpaid rental.

Tenant Benefits

• No large upfront deposit has to be paid
• Tenants can move into properties quicker
• The one off fee provides a Smart Deposit solution warranty for the life of the tenancy, however long that may be (only applicable for damage cover, the last months unpaid rental cover must be renewed and paid for by the landlord in line with the tenancy agreement)

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