As a Zero Deposit landlord, you will receive protection equal to a six-week deposit, even after the deposit cap! Tenants can purchase a no deposit guarantee for the equivalent of one week's rent, making renting more affordable. As a result, this may help speed up the renting process and reduce void periods. Tenants will remain liable for any damages or rent arrears.
1. 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.
2. 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.
3. 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.