Deposit Replacement

Here’s how it works

1. Attract more tenants

Listing with the deposit replacement option makes a home more affordable and attractive. In exchange for a one-off flat fee (paid by the tenant) we cover the full deposit value.

1. Attract more tenants

We charge the tenant the equivalent of one week’s rent, so they don’t have to stump up a large sum for a traditional deposit scheme. It’s simple maths that removes a notorious obstacle for renters. And with the deposit-free badge, your property will stand out from other listings.

2. Enjoy more protection

There’s no catch. You get protection for 12 weeks worth of rent, more than twice the value of the traditional cash deposit. In case of any disagreement, we will make sure that you receive what is owed to you

2. Enjoy more protection

Deposit replacement attracts more tenants, but it doesn’t change protection for landlords. We guarantee cover for damage or unpaid rent, up to the full value of the agreed deposit. Bottom line: we believe deposit replacement makes life better for landlords and tenants. It’s a win-win.

3. Reach resolutions more easily

Managing disagreements through the Mashroom platform makes things fair and transparent. If a tenant and landlord can’t agree a resolution together, we organise trusted third party arbitration.

3. Reach resolutions more easily

We are invested in better relationships between landlords and tenants. Occasionally, when an agreement can’t be reached, we’ll organise an independent adjudicator to be the intermediary between a tenant and landlord, and we uphold their decision.

Services

Make your property stand out

Get the same protection

More convenient letting

Here’s how it works

1. Attract more tenants

1. Attract more tenants

2. Enjoy more protection

2. Enjoy more protection

3. Reach resolutions more easily

3. Reach resolutions more easily