You prefer cash deposits? We offer rental deposit finance, for your tenants
Whether your tenants are looking to finance their rental deposit, or transfer and existing one, we have the solution for them!
Here is how it works
1
Tenants gets approved
Based on their tenant reference check, your tenants are offered a loan to finance their deposit.
2
We pay the tenant deposit
After the tenant has paid the arrangement fee, we will sent the deposit to the landlord.
3
90 days interest-free loan
The tenant has 90 days to pay us back before accruing interest on his personal loan.
Representative Loan Example: To transfer a deposit of £1,000. Interest free period of 90 days. Upfront fee of £74. With 1 repayment of £1,000, the total amount repayable would be £1,074. Rate of interest 18% p.a.(fixed) Representative 30% APR.
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