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Why deposit alternatives are a no-brainer for landlords

The rental market is ever-changing, with new regulations and tenant expectations reshaping how landlords manage their properties. For landlords looking to stay ahead while maintaining profitability, deposit alternatives such as flatfair, offer an innovative solution that simplifies renting for all parties involved.

 

Preparing for Faster Turnarounds with New Reforms

The introduction of the Renters' Reform Bill is set to bring significant changes to the rental sector. With the elimination of Section 21 evictions and the potential for increased tenant turnover, landlords will be looking for faster, slicker solutions to handle property turnarounds efficiently. flatfair’s streamlined system ensures that landlords are paid within 10 days of charges being agreed so they can re-let their properties quickly and confidently. 

Attracting Tenants with Lower Upfront Costs

In today’s competitive rental market, tenants are increasingly seeking affordability and flexibility. By offering deposit alternatives through flatfair, landlords can appeal to a broader pool of renters, including those with higher incomes, who are also looking to reduce upfront moving costs.  flatfair's strict referencing criteria ensure that all tenants are thoroughly vetted before signing up, providing landlords with peace of mind while offering a more tenant-friendly solution.

But don't just take our word for it - hear why experienced landlord, Erika, uses flatfair to protect her property in the ever changing rental market. 


If you're an agent looking to offer your landlords market leading protection on their properties, speak to our team now.