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Everything You Need to Know About Deposit Free Renting

Published: 09/08/2019

At Sowerbys, we offer both the traditional deposit and alternative deposit schemes. We’ve partnered with payment technology experts flatfair to offer tenants the option of deposit-free renting - it’s the simple, safe and affordable alternative to tenancy deposits, whilst offering more protection, less void periods and faster lets for landlords. Working in the same way as the traditional deposits, with tenants fully responsible for legitimate claims, flatfair greatly speeds up the end of tenancy process. 

Tenants just have to pay an affordable membership fee rather than an expensive deposit, which removes the stress of having to pay double deposits in between tenancies. It also rewards tenants who pay their rent on time and care for their rented home. 

Watch our video which will answer all your questions about deposit-free renting, whether you're a landlord or a tenant: 

Find out more about flatfair here.