Fast renting
better protection
Better protected
With most cash deposits capped at five weeks, our Zero Deposit™ guarantee gives you more cover.
Attract tenants faster
By reducing the upfront cost of renting, Zero Deposit speeds up the process and reduces void periods.
Fast payouts
Claims are adjudicated by TDS and we payout within two working days of receiving bank details - removing all of the traditional hassle.
Good for tenants, great for landlords
A Zero Deposit™ guarantee makes renting better for everyone involved. As a Zero Deposit landlord, you receive enhanced protection beyond the traditional five-week tenancy deposit, even after the deposit cap! To make renting more affordable, tenants can purchase a no deposit guarantee for a low upfront cost equivalent to around one week's rent plus a £59.99 set up fee, and then £17.50 each year.
This can help speed up the renting process and reduce void periods. Renting a property using Zero Deposit does not mean zero responsibility. Tenants remain liable for any damages or rent arrears.
How does it work?
Our process is smooth, simple and secure, making renting better for everyone. We’re here to provide support every step of the way.
A guarantee is purchased
The landlord chooses to use Zero Deposit. Your tenant(s) then purchase a Zero Deposit™️ guarantee that gives you protection equivalent to six weeks rent.
The tenancy ends
At the end of the tenancy, if there are no damages or unpaid rent, then the guarantee will end and there is no further action required.
Damages or unpaid rent
If you can’t settle a dispute with your tenants your claim will be sent to TDS for adjudication. Approved claims will be paid to you within two working days of recieving bank details.
Protection guaranteed
Our Guarantee gives landlords enhance protection beyond a traditional five-week deposit. Claims are assessed by TDS using the same process as cash deposit disputes. Concerns about our service can be referred to the Financial Ombudsman Service.
Need to make a claim?
Most tenancies end without a dispute but we’re prepared when they do. If you’d be owed money with a deposit, you’ll get the exact same from us.
Disputes sorted quickly
Claims will be adjudicated by TDS, our expert partners. We settle the dispute quickly and fairly - at no cost to you.
Fast payouts
Zero Deposit landlords receive approved payouts fast; there’s no waiting around for months. As soon as we receive bank details, they’ll have the money in two working days.
Ensuring good conduct
Tenants are financially liable for damage. We recover our payout costs from tenants directly. Non-payment may impact credit history.
How do I get started?
Becoming a no deposit landlord is smooth and simple. You can offer the choice of a Zero Deposit Guarantee to your tenants directly, or if you have an agent who manages the deposit, you can refer them to us. To get the ball rolling, all you'll need to do is answer a few questions.