Silk District, Whitechapel, E1

The Zero Deposit Guarantee replaces the traditional deposit, making renting more affordable and freeing up cash for the moving process. Foxtons is partnering with Zero Deposit to offer this scheme on selected properties.

The Zero Deposit Guarantee allows you to rent a property with the equivalent of one week's rent to be paid at the start of the tenancy. When you move out of the property the usual inventory and check-out take place and, as long as there is no damage or rent/bills outstanding, the Guarantee expires and you walk away.

If the landlord does claim for reimbursement, rather than this being taken out of a prepaid deposit in the traditional system, you simply pay the amount required to the landlord. Any dispute between yourself and the landlord on this amount will be decided by the Tenancy Deposit Scheme.

Understand more on www.zerodeposit.com

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