Deposit Free Renting

The affordable alternative to large cash deposits

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Check your fee

enter your monthly rent

traditional deposit

your fee

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Keep hold of your cash

Move in and out with more money in your pocket

Pay a small, one-off fee

No need to pay thousands of pounds upfront for a deposit

Move with freedom

Your money isn’t tied up at the end of your tenancy

Here's how it works

1. Make a deposit-free offer

Browse Mashroom properties and once you and your landlord have agreed that your tenancy will be deposit-free, all you need to do is pay a one-off fee.

1. Make a deposit-free offer

2. Move deposit-free

You can hold on to the cash that would otherwise have been locked up in a traditional deposit. Which means you’ve got more at your disposal for making your new place feel like home.

2. Move deposit-free

3. Move fast and don’t break things

As with traditional deposit you will be liable for damages and unpaid rent. For fair resolution we partnered with RICS, the world's oldest and largest mediator, to help resolve disagreements.

3. Move fast and don’t break things

Find your next home

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Beautiful Studio in Central London close to tube

£890 pcm

Detached house in West London

£2,390 pcm

Beautiful Studio in London close to tube

£2,390 pcm

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Common questions

What are the benefits for tenants over a cash deposit?

Deposit Replacement means you hold on to the cash that would otherwise have been locked up in a traditional deposit. By paying a small one-off fee upfront, you keep more money in your pocket, giving you more flexibility.

How does Mashroom Deposit Replacement work?

Deposit Replacement offers the same cover as a traditional deposit, but you don’t have to set the money aside upfront. If you cause any damage during your tenancy, you settle it at the end, instead of your landlord deducting it from a deposit. Any property listed with Mashroom is eligible for Deposit Replacement. If the property you are interested in does not offer it, you can ask the landlord to opt in, ensuring extra protection for them and a quicker move for you.

How much does it cost?

Our one-off fee for Deposit Replacement costs one week’s worth of rent.

Anything else? let us know here