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Unlock Deposits

Good news, flatfair No Deposit is not just for new tenants! Existing tenants can get their full deposit back in exchange for our one-off fee (one weeks rent +VAT), while landlords instantly get double the protection, with Unlock Deposits.

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What are the benefits?

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Landlords unlock their protection

Double the protection of a traditional deposit and faster end of tenancy payouts in the event of dilapidations or rent arrears.

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Tenants unlock their deposit

Releasing their cash deposit that is currently locked away, by purchasing a flatfair No Deposit, costing them just 1 week’s rent (+VAT).

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Agents unlock rewards

Happier landlords, happier tenants and an increased revenue stream.

How Unlock Deposits works

It really is an easy process and means that existing tenants can unlock their current deposit, with landlords benefitting from up to 10 week's protection against rent arrears and/or dilapidations; which is double the protection of a cash deposit. Plus, agents also receive commission for every No Deposit they sell.

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1
Contact

Contact your landlords and ask if they would like to double up their protection and offer flatfair to their tenants. Highlighting the benefits of faster end of tenancy payouts in the event of accidental damages or rent arrears.
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2
Reach out

Reach out to your tenants and ask them if they would like to convert to a flatfair No Deposit, costing just 1 weeks’ rent (+VAT) and releasing their cash deposit that is currently locked away.
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3
Introduce

Introduce your tenants to flatfair via the platform in the normal way, simply attach the most recent rent schedule.
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4
Wait and release

Wait for them to sign up and pay. Release their existing deposit. That’s it!

No additional paperwork or referencing is required - simply make sure your tenants are up to date with rental payments, you are happy that there is no existing damage at the property and a minimum of 6 months remaining on the tenancy.

Ready to unlock deposits?

Get started

Or call the sales team at 0207 078 7073.