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Deposit alternative provider partners with Fresh

Katie Court
Authored by Katie Court
Posted: Thursday, July 25, 2024 - 18:22

Deposit alternative specialists, flatfair, have announced their latest partnership with Fresh, an award winning third party - provider residential for rent properties. This collaboration will provide hundreds of residents living in Fresh's BTR and co-living properties with the option to save on their upfront move-in costs with the choice of flatfair's deposit alternative alongside a traditional deposit.

Instead of paying a traditional cash deposit, residents can choose to pay a smaller one-off fee of one week's rent (+VAT), significantly lowering the financial burden of moving into a new home.

flatfair claim the average resident using No Deposit saves £1000 on their upfront move-in costs, with many saving much more.

By using flatfair Deposits, Fresh also saves up to 60 minutes per tenancy while creating greater efficiencies with compliance, as flatfair registers all their traditional deposits into their trusted deposit scheme.

Gary Wright, CEO of flatfair stressed the importance of offering residents a choice of deposit options during difficult economic conditions: "We are thrilled to bring our deposit-free solution to Fresh's residents, providing them with a seamless and financially manageable move-in experience, particularly at a time when rent prices and therefore traditional deposits are rising."

Fresh, known for its commitment to quality and resident satisfaction, sees this partnership as a natural extension of its values. "Partnering with flatfair allows us to offer a valuable choice that can reduce the financial pressure of moving" said Jane Crouch, COO at Fresh.

"At Fresh, we pride ourselves on understanding the market and the challenges it faces. We think like our residents, and this partnership is a testament to our commitment to finding innovative solutions that benefit both our clients and our residents, making our buildings a home, rather than just a place to live."