The Truth About Zero Deposit Schemes

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In today's video, Dan is revealing the truth about Zero Deposit Schemes offered by certain insurance companies. Often referred to as "Nil Deposit", these options are meant to take the pressure off both tenants and landlords during a new move.

► Are they as good as they sound? What is the catch and what do it actually cost to YOU, the tenant? Find out today!

► Learn more about Zero Deposit Schemes on our latest blog:

► If you've got any questions or concerns regarding this subject, leave a comment below and we'll try to help!

► Wondering what to watch next? Check out these videos:
- MOVING HACKS | Let's talk furniture
- These 3 tips will help you keep 100% of your deposit!

► For all of our up-to-date properties, go to:
  1. Eightfold Property
  2. brighton accommodation agency
  3. BAA
  4. BAagency
  5. Brighton accommodation
  6. brighton property
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Комментарии
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An excellent summary, short and addressing all the points I was interested in finding out. Thank you Dan. Can you please offer more information about the requirement of an "Electrical certificate". When this will be enforced etc. Any and all advise is greatly appreciated.

markyoung
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Thanks for the info. Clear and concise!

cheynepearson
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Effectively it's like a loan to the tenant because the one weeks rent that they don't get back is like the interest on the loan. So It's useful if cash is tight but the effective APR is lower the longer you live in a property. For instance, if you live somewhere for 10 years and pay £200, spread over 10 years that's not a lot to pay. If you live somewhere for 6 months or a year then that is a lot to pay.

LeoMumford
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As a landlord, I will now only let my property on ZERO deposit! There will be no choice for the tenants going forward...

harlyslamm