Rental Deposits Assisted Deposits

Rental Deposits

TOTALLY 100% FREE SERVICE FOR LANDLORDS

We have no input into the letting or management of the property so all negotiations and dealings with the tenants are exclusively between you or your appointed estate agent. You or your agent will agree the rent, draw up the contract, check references, move them in, complete the inventory, and collect the rent. We simply provide you directly the deposit on your tenants behalf and take care of the paperwork and required legal documents relating to the deposit.

Once you or your agent have secured your suitable tenant, (who if not already registered with us, will need to do so) agreed the rent, completed references, signed the AST and collected the first months rent, the deposit will then be paid by us on the tenants behalf (subject to the tenants completing our loan agreement and passed our relevant credit checks) to yourself. The deposit will then be registered and sent to the relevant government approved escrow account by us, and you will be forwarded confirmation directly from the scheme of this along with the certificate as issued by the scheme. Once you have received this and are happy everything is in order, you or your agent can then release the keys to your tenant.

To enjoy the FREE
service follow
these simple steps

Market your
property privately
as normal,
or as "ASSISTED DEPOSIT" offered

Secure your
tenant, take
references and
sign AST
with them.

Complete and
return our
Landlord Property Agreement

Collect the first
months rent
direct from
the tenant

We will pay the
deposit, and you
then release the
keys to the tenant

The deposit is registered by us on your behalf and sent to a secure government escrow account to be held on trust in line with the Housing Act 2004 and the Tenants Deposit Rules introduced on the 6th April 2007, both yourself and the tenant will be issued with the relevant government certificates and documents prior to you allowing your tenant occupation of the property

How much does it cost?

This costs you as a landlord nothing, the premium is paid by the tenant to us, in exchange for Rental Deposits paying their deposit to you.

Moving home can be expensive for tenants. If the tenant can save a month's rent or more your property will stand out from the crowd. Making your property more desirable to tenants results in higher rents, less void periods & makes the most of your investment. Our aim is to make the lettings process faster and easier for you and your tenants, whilst giving you an edge over other landlords.

We also supply you with a free Blank Tenancy Agreement and detailed Inventory for you to complete with your tenant.

References

As the tenancy is a private let between yourself and the tenant, it is your responsibility to take any references you see fit. We will run independent credit checks on the tenants to assess their suitability to be approved for an Assisted Deposit. These checks are for financial loan purposes to be relied on by Rental Deposits only. In order for a Assisted Deposit to be supplied on behalf of a tenant the tenant must meet our criteria. Please click here to view criteria.

Why would a tenant need a Tenancy Deposit Payment from Rental Deposits?

The answer to this is simple. All tenants that apply to Rental Deposits must be able to demonstrate their ability to afford to pay the deposit themselves, however it makes financial sense for them to utilise 3rd party capital rather than tieing up their own funds for year, allowing them to keep a large sum of money in their own account for emergencies. Also in many circumstances the tenant has a temporary shortfall in funds due to a delay in receiving their previous deposit back- Rental Deposits offers them the solution bridging that gap.

Let our Sister Letting Agency take care of the Rental

Advertise your property though our sister letting agent, provide you with on average 25 times more tenant enquires than you are currently getting. They will advertise your property on 26 major property websites, giving your property exposure to over 5 million potential tenants, complete all references, contracts and inventories if required, allowing a stress free let for only 3% of the weekly rent." For further enquiries please register your property.

Frequently asked questions

Click here to view the frequently asked questions >>>

How do I claim the Deposit should I need to?

This is very simple and full details are on the FAQ page and on the Sample Claim Form.

Download a claim form >>>

Download - Landlord Property Agreement and Terms >

Download - How to Claim Deposit and Claim Form >

HOW TO PROCEED

1) Market your property privately as normal, or as "ASSISTED DEPOSIT" offered

2) Secure the tenant, take references, complete the AST.

3) Immediately ask the tenant to register and complete the online application, we will then contact you and arrange the deposit payment.

4) Collect the first months rent direct from the tenant

5) We will pay the deposit, and you then release the keys to the tenant

6) Complete your inventory with the tenants

Main Benefits:

	Deposit fully paid, registered, and held in Government Approved Escrow Account in accordance with the Deposit Laws.

	Arranged, secured and deposited prior to tenancy commencing. Certificates supplied. Account Access to update changes to deposit.

	FREE independent dispute adjudication provided by Government Approved and Registered Adjudicators.

	Guaranteed Deposit Funds available within 14 days should a tenant breach the AST.

	Will be easier and thus quicker for tenants to raise the funds to take tenancy, hence your property will be rented sooner

	FREE Tenancy Agreement supplied by Rental Deposits

	FREE Inventory supplied by Rental Deposits

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Rental Deposits is part of Capital Assured Deposits, CAD Ltd, Reg: 06802219

email:info@rental-deposits.com

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