No Deposit Schemes
Tenancy Deposits

10 Thanks
239 Posts
5 days ago

Dear Advice Team

Does NRLA endorse the use of "no deposit" options in lieu of the taking of formal deposits?

Eg - as a random example -

Tenant pays a non-refundable one week's rent to Reposit
Landlord is covered by insurance up to eight week's rent, subject to the usual verification procedures

Members' personal experiences welcomed.

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