Make your property more attractive by allowing your tenants to rent deposit free. The Zero Deposit Guarantee costs your tenants just one weeks' rent. You get the same protection as a six week deposit. Your tenants remain fully accountable for looking after your property and paying rent.
Let Faster: 92% let rate from tenants introduced to Zero Deposit (Zero Deposit data).
Reduce Admin: With Zero Deposit there is no deposit to register.
Protect Your Investment: You are covered for any financial loss or damage, up to the value of six weeks rent.
Fair for Everyone: Any disputes are adjudicated by The Dispute Service (TDS), giving you the same fair outcome as with a traditional deposit.
Offering Zero Deposit to your Tenants is Easy
Landlord: Upload a Property
Upload your property advert on Upad and request more information about Zero Deposit when prompted. Your property advert can also show that you will accept Zero Deposit for your let.
Landlord: Instruct Upad
Once you have found the perfect tenant, instruct Upad to conduct tenant referencing, complete your AST, and collect the tenant's deposit. Please note that Zero Deposit is not available should you not take this action.
Upad: Offers Zero Deposit to Tenant
We offer the Zero Deposit option to your prospective tenant.
Tenant: Option to Accept Zero Deposit
If the tenant accepts the Zero Deposit option, they pay for the Zero Deposit Guarantee. If not, then we will carry on our tenant sign-up service to collect and protect their deposit as normal.