Agents Apr 15, 2024 < 1 min read
E-BOOK: The impacts of the cost of living crisis on the lettings industry 2024
The escalating cost of living has rapidly and significantly impacted the UK lettings industry. Agents are working…
We are incredibly excited to announce our latest major partnership in the lettings industry with renowned estate agent, Andrews.
Founded in 1946, Andrews now operates with more than 50 branches, meaning that few agents rival their experience and reach within the UK market.
Andrews’ social purpose
But Andrews’ proud history goes beyond sales and lettings, as they are the only UK estate agent owned by a charitable trust, donating over £10 million in agency profits to charities and social enterprises around the world.
Each year, a guaranteed proportion of their yearly profits is allocated to the Andrews Charitable Trust. This trust primarily focuses on addressing the challenging issues related to housing and poverty on both a national and global level.
Combatting issues in the rental industry
With Andrews adopting our latest rental solution, flatfair Deposits, they are also providing their customers with a solution to one of the major issues in the rental industry, the persistent rising costs of living. 
With flatfair Deposits, Andrews will be able to offer their customers both traditional deposits and flatfair’s No Deposit solution at 45 of their UK branches. Which means their customers are always presented with the choice of a traditional deposit or flatfair No Deposit.
This provides an invaluable choice for thousands of their tenants to save on upfront move-in costs while doubling their landlord’s protection for up to 10 weeks.
Group Lettings Director for Andrews, and President Elect of ARLA Propertymark, Angharad Trueman spoke highly of flatfair Deposits and the importance of offering No Deposit to the Andrews customers:
“We are excited to embark on this journey with flatfair and offer this as an alternative to our fantastic landlords and tenants across the group.
The uncertain economic times we are living in mean it’s more important than ever that landlords can receive 10 weeks protection on their rental property, but that we also provide a choice to renters. For a tenant, utilising flatfair means the ability to move without having to find the money for a 5 week deposit upfront when they still have a 5 week deposit locked away from their previous home.
This aligns well with our strategic aim of becoming the most trusted and admired in the property sector, providing our landlords with more protection and enabling tenants to access housing faster.”
A few words from our CEO
If you are looking to offer your customers a choice on how they wish to rent, while streamlining your deposits process, then please fill out the short form below and a member of our team will gladly tell you more about our newest innovative deposit solution.
