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KEYWORD "Deposit Alternatives" - 69 RESULTS
More tenants borrowing to fund deposits on next property - claim

The percentage of tenants borrowing money to fund their cash deposits on their next property has risen over the last 12...

25 April 2024

From: Breaking News

Lettings chief claims “renting negatively impacts life”

A prominent supplier of deposit alternatives to lettings agents has come out and said that “renting negatively impacts quality of life,...

19 April 2024

From: Breaking News

Deposit Alternative service plays up ‘unaffordable’ rents

A deposit alternative service claims the cost of rent has outpaced salary growth by 5.2% over the past 10 years, leaving...

18 April 2024

From: Breaking News

Average rent arrears climb as cost of living crisis bites

Average rent arrears claims climbed to £1,816 in the first quarter of this year. That’s a rise of 27% from £1,435 in...

17 April 2024

From: Breaking News

Tenants worrying more over affordability, claims deposit alternative

A deposit alternative service claims online searches by tenants reflect increased uncertainty over affordability. Deposit alternatives are under scrutiny at the moment...

13 November 2023

From: Breaking News

London tenants pay high average deposits, claims supplier

One of the players in the controversial Deposit Alternative field is stepping up its case for this kind of service to...

25 October 2023

From: Breaking News

Deposit Alternative firm claims tenants need multiple finance sources

A deposit alternative service says increasing numbers of renters need multiple sources of funding for traditional deposits. Zero Deposit says its survey...

22 September 2023

From: Breaking News

Deposit Alternative chief says tenants face “incredible challenge”

The average rental deposit in the UK is now £1,434, based on the requirement that a deposit is set at up...

14 September 2023

From: Breaking News

Controversy surrounds Deposit Alternative schemes as probe begins

The Competition and Markets Authority’s in depth investigation into the controversial deposit alternative concept has been welcomed by one of the...

04 September 2023

From: Breaking News

Deposit Alternative growth shows greater acceptance by agents - claim

Reposit has increased the number of agencies offering its deposit alternative product.   This increase in agent customers comes as Reposit reports growth...

24 August 2023

From: Breaking News

Zero Deposit firm demands code of conduct to stop pressure-selling

One of the leading deposit alternative services has called for a code of conduct to step, amongst other things, alleged pressure...

07 December 2022

From: Breaking News

Media accuse agents of mis-selling deposit alternative schemes

The Observer newspaper has investigated the way letting agents apply so-called zero deposit schemes - and claims that in some cases...

05 December 2022

From: Breaking News

Deposit alternative firm adds traditional service to its platform

* Angels Media and Letting Agent Today are deeply saddened by the passing of HM Queen Elizabeth II * - Deposit alternative service...

09 September 2022

From: Breaking News

Deck is stacked against private tenants, says industry supplier

One of the biggest names in the deposit alternative sector says the rental market is “stacked against” private tenants. Gary Wright, chief...

31 August 2022

From: Breaking News

PropTech platform allows agents to offer extra deposit alternative

PropTech supplier The Lettings Hub has announced a new integration with deposit alternative service Reposit.  Agents were already able to offer their...

26 October 2021

From: Breaking News

Thousands more tenants offered deposit alternative service

One of the leading deposit alternative providers, flatfair, has partnered with a major property management service with some 3,000 tenants. The deal...

10 March 2021

From: Breaking News

Deposit alternative operator’s new Build To Rent link with PropTech firm

Deposit alternative firm flatfair has linked with a PropTech firm to enhance its offer to Build To Rent users.  The partnership with...

17 February 2021

From: Breaking News

Deposit alternative firm promises big announcements in near future

Deposit alternative provider flatfair says it’s set to make big announcements soon - and in the meantime it’s attracted a key...

09 February 2021

From: Breaking News

Another agency takes a stake in deposit alternative operator

The 60-branch London focussed agency chain Kinleigh Folkard & Hayward is the latest agency to invest in Zero Deposit. The firm joins Andrews,...

28 January 2021

From: Breaking News

Deposit alternative PropTech supplier wins ‘super start-up’ status

Deposit alternative service flatfair has been named as one of the top 50 start-ups to work for in London. Recruitment platform Tempo...

29 October 2020

From: Breaking News

Investment boost for Zero Deposit as founder Notley steps back

Deposit alternative service Zero Deposit has revealed significant new investment as its founder - ex-Zoopla commercial director Jon Notley - takes a...

13 October 2020

From: Breaking News

London agency is latest to select deposit alternative supplier

Martyn Gerrard Estate Agent is the latest agency to partner with a deposit alternative supplier - in this case flatfair.  Tenants at...

10 September 2020

From: Breaking News

Deposit alternative firm selling additional cover and faster payouts

Deposit alternative service flatfair is now selling a top-up cover element that allows landlords to add a further six weeks damage...

11 August 2020

From: Breaking News

PropTech platform secures £2m to develop ‘with agents in mind’

Deposit alternative system and rental financial services platform Canopy has raised over £2m in a funding round that was oversubscribed within...

02 July 2020

From: Breaking News

Big regional agency chain signs up with deposit insurance provider

Chancellors, the independent agency chain with over 50 offices across southern England and mid Wales, is launching a deposit-free renting option. Working with...

21 May 2020

From: Breaking News

Deposit alternative service launches tool to handle virus arrears

Deposit alternative service Flatfair has launched a tool for letting agents to help administer arrears run up by tenants during the...

12 May 2020

From: Breaking News

Deposit alternative supplier signs another 31 agency branches

One of the major deposit alternative operators has announced 31 new letting agency branches have signed up, from three high-profile brands. Zero...

12 March 2020

From: Breaking News

Referral Fee clampdown confirmed for lettings agents too

The clampdown on referral fees, until now concentrated on the sales sector, will extend to letting agents too. James Munro, head of...

28 February 2020

From: Breaking News

Deposit alternative mis-selling - rival companies say “It’s not us”

Three more deposit alternative supplier have issued statements seeking to distance their product from criticisms raised in a BBC investigation. Yesterday we carried...

11 February 2020

From: Breaking News

BBC asks: Do letting agents mis-sell deposit alternative schemes?

A BBC investigation suggests some agents may be mis-selling deposit alternative schemes. Tenants are then hit by what the probe says are...

10 February 2020

From: Breaking News

Renters resort to shocking payday lenders to get deposit - claim

A new rental deposit alternative scheme claims that some renters have to resort to high-interest payday lenders in order to afford...

03 January 2020

From: Breaking News

Alternative deposit firm seeks support from London tenants

One of the leading providers in the hyper-competitive deposit alternative niche has made a bid for support from London tenants by...

31 December 2019

From: Breaking News

Average deposit nears £1,300 says new alternative scheme

The average deposit paid by a new private tenant is now £1,299 according to a new player in the deposit alternative...

09 December 2019

From: Breaking News

Deposit Alternative Wars: flatfair wins advert dispute with rival company

The Advertising Standards Authority has ruled in favour of deposit alternative scheme flatfair in a dispute which began with a complaint...

04 December 2019

From: Breaking News

Deposit Alternatives: new entrant to market is Hamilton Fraser

A new product in the increasingly competitive field of deposit alternatives has been launched by lettings and landlord insurance industry giant,...

28 November 2019

From: Breaking News

Tories' Lifetime Deposit idea is fundamentally flawed - claim

A leading provider of deposit alternatives has voiced concern at the Conservatives’ proposal to have a lifetime deposit scheme to make...

25 November 2019

From: Breaking News

Tax perks demanded for landlords who use deposit alternatives

One of the leading providers of deposit alternatives in the UK wants the government to embrace the option - even to...

31 October 2019

From: Breaking News

Deposit alternative war hots up as Zero Deposit signs 15-branch agency

The growing deposit alternative sector continues to be ultra-competitive with 15-branch agency Kings Lettings signing up to Zero Deposit. Kings Lettings operates...

30 October 2019

From: Breaking News

Another top agency signs up to a deposit alternative scheme

The race for dominance in the deposit alternative field continues apace. Now franchise giant Hunters has teamed up with flatfair to bring...

15 October 2019

From: Breaking News

Leading agent partners with TDS to revolutionise the end of tenancy process

Well-known letting agent Kristjan Byfield has announced the details of his new product which aims to reduce the workload of the...

04 October 2019

From: Breaking News

New boost for flatfair as it teams up with independent agents’ trade body

Flatfair, one of the leading deposit alternative providers fighting it out for dominance in the burgeoning sector, has scored a coup...

06 September 2019

From: Breaking News

Renters can now switch mid-tenancy from traditional deposit to alternative

One of the suppliers in the fiercely competitive world of deposit alternatives has introduced an ‘unlocking deposits’ option. From today, Zero Deposit...

23 August 2019

From: Breaking News

Huge £9m boost for flatfair as deposit alternative race hots up

One of the key players in the ultra-competitive deposit alternative sector has announced a massive and new $11m investment. Flatfair says that...

16 August 2019

From: Breaking News

Zero Deposit strikes partnership deal with second landlord trade body

Deposit alternative service Zero Deposit has become the “exclusive deposit replacement partner” of the National Landlord Association - less than two...

01 August 2019

From: Breaking News

Big agency deal signed with deposit alternative firm flatfair

Deposit alternative provider flatfair has been chosen by CBRE UK Residential Lettings as the race for prominence in the sector continues. This is...

23 July 2019

From: Breaking News

PropTech deposit alternative and rental passport provider beefs up product

A PropTech supplier specialising in rent passports and tenancy deposit replacement has launched an advanced version of its primary product, on...

16 July 2019

From: Breaking News

Traditional deposit and deposit alternative now possible via link-up

Deposit alternative provider flatfair has teamed up with mydeposits - and claims to now be the first provider to bring tenancy...

12 July 2019

From: Breaking News

Another deposit alternative provider names new agency client

Competition between various deposit alternative providers continues apace, with one of the earliest companies - Reposit - naming a new agency...

01 July 2019

From: Breaking News

Deposit alternative provider strikes deal with regional agency chain

Tenancy deposit alternative provider Reposit has been taken on by Devon-based agency chain Webbers.  The agency’s 15 offices operate in north Cornwall,...

10 June 2019

From: Breaking News

PropTech partnership as deposit alternative flatfair links with Goodlord

One of the growing number of deposit alternative services, flatfair, has announced a partnership with lettings platform Goodlord. Agents and landlords can...

07 June 2019

From: Breaking News

Deposit alternative service announces link with landlords’ trade body

The Residential Landlords Association has entered into a partnership with deposit alternative service Zero Deposit. The RLA says the service will be...

03 June 2019

From: Breaking News

Agents must get to grips with deposit alternatives - their time has come

Lettings agents are being urged to educate themselves as much as possible about rival deposit alternative schemes which are becoming increasingly...

28 May 2019

From: Breaking News

Rental sector changes are positive, insists deposit replacement chief

A senior figure at a deposit replacement service says the current flurry of changes in the private rental sector are positive. Daniel...

29 April 2019

From: Breaking News

Deposit alternative operator wades into spat over agency scheme

A dispute concerning a ‘no deposit option’ put forward by a letting agency has reached the Daily Mail. The newspaper’s online service...

12 April 2019

From: Breaking News

Deposit alternative service shortlisted for prestigious RESI award

Flatfair, which describes itself as the UK’s fastest-growing tenancy deposit alternative, has been shortlisted in the Best Newcomer category of the...

08 April 2019

From: Breaking News

Another PropTech firm joins crowded deposit alternative field

PropTech company Goodlord is the latest entrant in the deposit alternative field. Under Goodlord Deposit Replacement Insurance agents can provide landlords with...

02 April 2019

From: Breaking News

Big boost for deposit alternatives as tenants back new schemes

There’s been a big boost to the movement towards deposit alternatives in the private rental sector following a survey released this...

29 March 2019

From: Breaking News

PropTech platform teams up with deposit alternative provider

Utilities and comparative platform Tenant Shop has linked up with Reposit to offer a security deposit alternative product for agents. Tenant Shop’s...

27 March 2019

From: Breaking News

Tenants favour no-deposit schemes claims agent

A regional lettings agency claims it’s seen a 26 per cent surge in tenant and prospect views on properties listed as...

18 January 2019

From: Breaking News

Zoopla-backed Zero Deposit scheme targets independent agents

Zero Deposit, the firm set up by former Zoopla commercial director Jon Notley, says it now has around 850 offices using...

07 January 2019

From: Breaking News

Deposits chief hits back at consumer group's 'broken system' jibe

The chief executive of mydeposits has hit back at a Which? report calling for reform - or possibly even replacement -...

14 August 2018

From: Breaking News

£500,000 cash injection for deposit-alternative PropTech firm

The concept of deposit alternatives is gathering pace and now one PropTech firm closely involved in it - Reposit - has...

25 July 2018

From: Breaking News

Government probe into deposit-alternatives welcomed by campaigner

A prominent campaigner for alternatives to traditional rental sector deposits is welcoming the government’s commitment to consider the issue in the...

15 May 2018

From: Breaking News

Another product offering an alternative to deposits hits the market

The rapid growth in alternative non-deposit schemes for letting agents, landlords and tenants has hit the market. This one, from Blinc UK, claims...

06 April 2018

From: Breaking News

Deposits mean tenants 'miss out on £80m in interest' - claim

Academic research suggests tenants in England and Wales are missing out on £80m of interest to tenancy deposit schemes every single...

03 April 2018

From: Breaking News

ZPG-backed 'no deposit' scheme wins agency investors

The ZPG-backed Zero Deposit scheme, one of a number now existing putting forward an alternative to traditional deposits, has announced four...

01 March 2018

From: Breaking News

PropTech: Insurer Direct Line invests in deposit-alternative start-up

The insurance group Direct Line says it is taking a 15 per cent equity stake in Canopy, an ‘alternative deposit’ company. Canopy...

03 October 2017

From: Breaking News

Dlighted chief accuses Mydeposits boss of bully tactics

A prominent lettings industry campaigner says the head of a tenancy deposit scheme has “serious questions to answer” after his comments...

10 July 2017

From: Breaking News

Mydeposits launches sharp attack on 'no-deposit' alternatives

The head of the parent firm of mydeposits is warning tenants and landlords tempted to enter into new ‘no-deposit’ schemes to...

29 June 2017

From: Breaking News

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