No hidden fees, no agenda and total transparency... Why flatfair benefits tenants as a deposit alternative

A recent article bythis is money highlights the dark side of tenant replacement schemes offered by insurance-based products. Claire, a single mother with three children, took the no deposit option for a monthly fee of £76.80. Having ended the tenancy early due to the poor condition of the property she was shocked to discover that she’d paid £537.60 for the no deposit option over seven months in the house. As an alternative to tenancy deposits that operates as a proptech platform as opposed to insurance, flatfair offers tenants the option to move into their rented property quickly and safely with no recurring fees so tenants can make the most of our affordable product. ...

flatfair supports tenants demands for affordable deposit alternatives

With a recent study indicating tenants are demanding alternatives to traditional deposit schemes, we share our thoughts on the long-awaited shift in the property market. Traditional deposit schemes are clearly falling out of favour as a study by Your Move, suggests flexible alternatives would influence a tenant’s decision to rent a property. At flatfair, we understand how difficult it can be for tenants to find the funds to cover deposits, £1,110 on average, which is why we set about to disrupt the property industry. ...

The Top 5 Places to Buy-to-Let in the UK

While there’s no doubt that the uncertainty of Brexit, rises in stamp duty and changing legislation may all have contributed to a tricky time for both buyers and sellers of homes across the UK, there’s good news to share. If you’re a potential or existing landlord looking to invest in a buy-to-let (BTL) property, there are a whole range of different locations where you can feel confident you’ll see a strong return on your investment. ...

Introducing Victoria Hardy: flatfair’s new Partnership Development Manager

The latest addition to the flatfair sales team is the bright and brilliant Victoria Hardy, who’ll be helping to grow our partner base and enter the next phase of growth. If you haven’t met her yet, the chances are, you soon will. When she first moved to London from Australia in 2011, Victoria was working the short lettings space, helping to launch AirBnB in the UK. From here, she moved to UnderTheDoormat, specialising in premium short lets in the capital, where she worked as their Business Development Director. ...

Starting the year in style: flatfair heads to the 2019 Guild Conference and Awards

Earlier this month, Ben Yexley and Adam Ali, flatfair’s Partnerships Managers, attended the Guild of Property Professionals’ annual conference at the QEII Centre on London’s South Bank, followed by its prestigious awards party… and they’re still buzzing. The conference was extremely well attended, with a record 450 participants perusing the stands and attending a number of interesting talks from speakers including Sally Lawson, CEO and Founder of National Lettings Franchise. Hot topics included the upcoming Tenant Fee Ban and the proposed five week deposit cap, making flatfair’s offering more relevant and compelling than ever. ...

7 reasons why tenancy deposits don’t make sense

Over 11 million people in England are currently renting their homes, which means millions of pounds are tied up in deposits – but who do they really benefit? As 2019 fast approaches, it’s clear that the days of the traditional deposit are numbered, and here’s why… 1. Can anyone really afford them? Let’s face it, tenancy deposits require huge chunks of money that most of us simply don’t have. According to research carried out earlier this year, the average London tenancy deposit stands at approximately £3,014 (even when capped at the equivalent of six weeks’ rent). ...