Agency software service Alto has announced a new integration with Zero Deposit. 

Research by Zero Deposit shows that 65 per cent of tenants would opt for an alternative to a traditional security deposit and the supplier already works with many of the UK’s largest letting agents including Connells Group, Foxtons, LSL and Knight Franke.

Through the integration, Alto agents can provide customers with a fully regulated and automated deposit replacement.

Alto is part of Houseful – the rebranded name for ZPG – and chief operating officer Riccardo Iannucci-Dawson says: “The main barrier for today’s tenants is raising a deposit with over 70 per cent of tenants borrowing to fund their deposit. Zero Deposit removes this barrier, widening the pool of prospective tenants for letting agents and ensuring they find the perfect match for their landlords.”

And Zero Deposits chief executive Sam Reynolds says: “There has been considerable interest from our partners in launching an integration with Alto.  It’s a seamless experience for our partners to win more instructions, attract the best quality tenants and radically improve the end-of-tenancy experience. It’s a win for landlords, tenants and letting agents.”