Zero Deposit says its new service offers tenants the flexibility to manage their deposit as they move in and out of properties to avoid 'double deposit' challenge.

Experts say eviction judge is wrong but worry that decision will create informal legal precedent about Tenant Fees Act 'prohibited payments'.

Alternative deposits platform says new cash will be spent on setting up new in-house insurance arm and growing business.

The new ‘no-deposit’ schemes offer benefits to tenants, agents and landlords alike. Richard Reed reviews what’s on offer and asks how the traditional schemes stand up against them.

The agency, which already uses Zero Deposit, says deposit replacement market is due to grow.

Jon Notley is to be replaced by the company's marketing chief Sam Reynolds, who has revealed fresh funding including from new investor 50-branch estate agency Andrews.