tenant deposits
-
Features
Safe as houses
Tenant deposits used to be pretty straightforward –looking after a pile of cash – but these days there is a lot more to it, as Charlotte Flake explains.
Read More » -
Features
The deposit dilemma
The cost-of-living crisis is likely to accelerate the move towards deposit-replacement schemes. Richard Reed looks at some of the options on offer.
Read More » -
Features
Tenancy deposits – no cash required?
For so long the message has been ‘take the cash deposit, secure the cash deposit’ but Lisa Isaacs asks if we’re on the cusp of an alternative mainstream approach.
Read More » -
Features
No deposit? No problem!
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.
Read More » -
Latest property news
Deposit loan app that pays agents direct launches after false start
Fronted has some tech megastar co-founders and aims to increase social mobility by helping tenants pay their deposits more easily.
Read More » -
Features
Where’s my deposit?
Katrine Sporle, The Property Ombudsman, adjudicates on a case of the non-return of an ‘unprotected’ deposit.
Read More » -
Features
The tenant deposit revolution
Andrea Kirkby reports on the fast-moving market for deposit protection schemes.
Read More » -
Features
The zero option
A raft of new products aims to replace tenancy deposits, Andrea Kirkby reviews the current offerings and where it may all end.
Read More » -
Features
Fraudulent deposits
"If a tenant pays by credit card, it should put the agent ‘on notice’ that the tenant could, potentially have affordability issues.”
Read More » -
Latest property news
City firms bid to replace tenant deposits with insurance passport
A tenant deposits platform backed by two major City firma has launched with the aim of competing with the current cash deposit schemes. Backed by both Hiscox insurance and credit score provider Experian and accessed via an iPhone app, InsureStreet says it will issue renters with a digital ‘RentPassport’ that validates their profile and then provides them with an instant insurance quote to cover their deposit. Tenant deposits Instead of paying a cash deposit, renters make a one-off payment for an insurance policy that covers them for the duration of the rental contract. InsureStreet claims that in most cases, this insurance premium will be less than a tenth of the cost of a deposit, and that the system will reward good tenant behaviour by offering lower premiums at renewal. The app is free for agents, landlords and renters to download and use, the company says. But what’s not clear is whether the premiums paid by renters for the insurance will be included in the looming letting fees ban. The Negotiator asked CEO Tahir Farooqui (pictured, below) about this. He replied that: “We absolutely support the letting fees ban and so do many of the property partners we are engaging with” which would indicate…
Read More »
- 1
- 2
