Some agents allied with deposit alternative service flatfair - and who previously offered the service to new tenants - are now going to extend it to existing renters as well.
Flatfair says participating agents include Spicerhaart and a number of Hunters branches, and believes this will effectively unlock millions of pounds in the coming months.
It says the existing average deposit is over £1,400.
“We all feel the financial strain in the run up to Christmas, which is why we’re pleased to be offering some light at the end of the tunnel” explains flatfair chief executive Franz Doerr.
“It’s our mission to put millions of pounds that are pointlessly locked away back in the pockets of tenants across the UK, while providing landlords with the cover they need.”
And Elisa Bayliss, assistant lettings manager at Hunters Bingley, adds: “Hunters Bingley have been using the flatfair deposit alternative for around two years now … we have recently got on board with unlocking traditional deposits, with flatfair deposit unlocking. All the landlord feedback so far has been extremely positive, and landlords are happy to offer it to good tenants, whilst doubling their protection.”
The race for dominance in the deposit alternative field continues apace. Now...
Deposit alternative service flatfair has announced that its the first to...
Flatfair has named a series of agents now signed up to...
Lettings agency Haart says it will return up to £20m in...
The predictions game can be tricky. Sometimes you just don’t know...
Leading UK property auctioneer Bond Wolfe has broken through the £100...
Uncertainty triggered by the new Labour Government and taxation concerns that...
B-hive Block Management Partners Celebrates Major Milestone With Over 100 Businesses...
We’re absolutely delighted to announce that, after 10 years, we’re able...
You don’t have to simply accept things as they are when...
%20-%20IMAGE%20Client%20Accounting%20%E2%80%93%20what%20are%20your%20options.jpg)
The benefits for letting agents to outsource their client accounting is...
Who are you and what does it say on...
Who are you and what does it say on...
Who are you and what does it say on...
Join the conversation
Be the first to comment (please use the comment box below)
Please login to comment