Here’s how we compare side by side
Tenants, landlords and agents everywhere think flatfair is the best deposit-alternative choice on the market.
|Protection for landlords||12 weeks||8 weeks||6 weeks||8 weeks|
|Typical cost to tenant||1 week’s rent + VAT||10% of deposit + VAT||1 week’s rent||1 week’s rent|
|Can be used to release a deposit within existing tenancy?||✔||✔||✔||✘|
|Admin fees||Free||£30||£26||£30 per move-in or year spent in tenancy|
|Offers commission to estate agents?||✔||✔||✔||✔|
|Who pays for the policy?||Tenant||Tenant||Tenant||Tenant|
flatfair isn’t regulated, and here’s why…
We’re not an insurance product, we’re something better
The end of tenancy process works a bit like a hotel – tenants simply pay any damages or rent arrears when you move out of the property, which are easily negotiated using our fair and impartial technology platform.
To add an extra layer of protection, flatfair is insured by A-rated financial institution, who are themselves FCA regulated and protected by the FSCS.
All of this ensures flatfair is safe and secure for agents, landlords and tenants.