flatfair rated ‘exceptional’ in Best EA Supplier Guide 2020

flatfair, a fintech that allows tenants to instantly rent a home with just their debit card and without large upfront costs, has been named as the only ‘exceptional’ supplier of deposit protection in the Best EA Supplier Guide 2020 from the Property Academy.

The Best EA Supplier Guide invited estate agents from across the UK to rate their suppliers, based on how likely they would be to recommend them. The survey included 442 suppliers and over 7,000 votes were cast. Based on these votes, the highest performing suppliers were identified, with the top five percent awarded an exceptional rating.

flatfair’s payment technology solution offers a safer and more streamlined approach to protecting landlords and tenants than other solutions in the market.

flatfair charges a small one-off membership fee per tenancy, equivalent to one week’s rent (+VAT), and uses its open banking technology to enable tenants to instantly secure their home with just their debit card, making the process similar to checking into a hotel. This helps tenants move into a property faster, whilst removing the strain of having to pay a hefty deposit.

Tenants can also build up a rental passport profile showcasing their track record to future landlords through flatfair membership, helping to further enhance positive behaviour on both sides.

Landlords also benefit from flatfair’s unrivalled protection of up to 12-weeks, as well as fewer void periods between tenancies.

The Property Academy is the property industry’s leading business improvement company, working with firms across the real estate sector to improve their business and customer service performance. They launched the EA Masters Awards in 2017 to help estate agents and consumers find the best agents and suppliers in the industry.

Last month flatfair partnered with Hunters, making their deposit alternative available in around 200 branches that Hunters operates in across the country.

Franz Doerr, CEO and Founder at flatfair, said:

“We’re delighted to be recognised as the industry-leading deposit alternative by the Best EA Supplier Guide. Our cutting-edge payment technology boosts transparency, builds trust and makes instant move-ins possible, all while offering landlords up to 12-weeks of protection. It’s fantastic to be recognised by estate agents and partners across the industry, and we’re excited to continue working to bring renting into the 21st Century.”