We have partnered with Goodlord to bring you an alternative to a traditional deposit.
A deposit replacement service is an alternative to a traditional deposit. Rather than the conventional method of paying a deposit, all we ask for is a service charge. This means you will pay a fraction of the price of a traditional deposit and potentially move in faster (as you won’t have wait to receive your previous deposit back!).
Normally, we would hold five weeks worth of rent as a deposit, but with our Goodlord deposit replacement scheme, you’ll pay a one-off, non-refundable service fee to Goodlord (equal to 35% of the monthly rent + VAT) instead, which will reduce your upfront costs massively.
The whole process is straightforward:
If you cause any damage during your tenancy or don’t leave it quite as clean as it was when you moved in, you’ll be charged for rectifying this after you vacate – but we know you’d never do that.
We have partnered with Goodlord to bring you a deposit replacement scheme.
A deposit replacement scheme is an alternative to a traditional deposit that an agent can offer to your tenants on your behalf. Tenants will pay less in comparison to a traditional deposit in a one-off non-refundable payment
No action is required from you – every time we let one of your properties we will give the tenant the choice to pay a deposit or a smaller ‘Reposit Service Charge.’
If you would like a full breakdown of how the system works, please just get in touch with your account manager and they’ll send over the full t’s & c’s.