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Deposit alternative signs up six independent letting agencies

Flatfair says latest firms crown a promising year for its service, which enables tenants to move into rented homes without paying a deposit upfront.

Nigel Lewis

deposit alternative flatfair

Deposit alternative provider Flatfair has revealed the latest estate agents to use its service, which the company says tops a bumper year for its service.

The large independent regional letting agencies being named are Jones Robinson, Haslams, Andrew Craig, Castledene, Breckon and Breckon, Barbers, Michael Poole and Redbrik.

Flatfair says it has been a breakthrough year for its service, which enables agencies to offer tenants deposit-free renting and landlords greater security than the five-weeks rent provided by traditional deposits.

The market is an increasingly crowded one – Flafair’s competitors include Zero Deposit, Ome, Mashroom, Let Alliance and Reposit ally vying for a slice of this burgeoning market.

Tenants charged

Flatfair offers 10 week’s protection for landlords, no hidden fees and only a small one-off sign-up charge for tenants.

With different offerings available in the deposit replacement marketplace, we were impressed by Flatfair’s product and concept, and have signed up to be able to offer our landlords and tenants an additional service as part of our commitment to embrace new and innovative solutions to constantly improve what we do,” says Matthew Bates, Sales and Lettings Director of Newbury agency Jones Robinson.

gary wrightGary Wright, Chief Revenue Officer at Flatfair, says: “Our mission continues to make upfront costs for tenants as affordable as possible and provide all tenants with a choice at the point of letting a new property.

“It is great that so many agents are seeing the value flatfair adds to their landlords and tenants, by offering our market-leading deposit alternative product.”

December 21, 2021

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