You’ll need to provide us with some guarantees against payment and damages. We offer two options to make this easier for you:
A traditional deposit: This option involves paying a deposit equal to one month’s rent. The deposit will be held by MyDeposits, not Apo, protected under a government approved scheme. If your deposit is held by MyDeposits for more than 182 days they will pay interest on the deposit, click here for more information.
At the end of the tenancy there is a set process for agreeing any deductions and, once concluded, Mydeposits will return the agreed amounts plus any interest if relevant.
For any queries regarding your deposits interest and payment release please contact MyDeposits.
Deposit replacement: This option means you don't need to pay a deposit upfront, but instead pay a one-off check-in fee equal to 1 week's rent (+VAT). You'll only pay for any damages you cause when you move out. This is provided by Flatfair No Deposit.
We will check with you which is your preferred option and answer any questions prior to issuing the contract.