ZERO DEPOSIT FOR TENANTS


Free up your cash by buying a Zero Deposit Guarantee instead of paying an upfront lump sum deposit.

Moving home can be costly, making it hard to find rent and your deposit, along with the other costs of moving. A Zero Deposit Guarantee costs the equivalent of one week’s rent and replaces the traditional tenancy deposit, aiming to make renting more affordable.

 

Why choose a Zero Deposit Guarantee?

  • Pay less upfront

Free up cash by paying a fee equivalent to one week’s rent

  • More choice

Zero Deposit gives tenants an alternative to the traditional deposit

  • Greater freedom when moving

Avoid having to fund a second deposit when moving from one rental property to another
 

How can I get a Zero Deposit Guarantee?

To qualify for a Zero Deposit Guarantee you need to pass our tenant referencing checks and be renting a property with a standard Assured Shorthold Tenancy agreement.

A Zero Deposit Guarantee is not available on all properties and are offered subject to the landlord's approval.  Get in touch with your local branch to find out more.