Lettings • Management • Rent Guarantee | 023 9300 8021 • hello@fikacoliving.co.uk
Lettings • Management • Rent Guarantee | 023 9300 8021 • hello@fikacoliving.co.uk
Traditionally, tenants are asked to pay a tenancy deposit up to five weeks worth of rent as security against a property. The problem with that is, not only is it a lot of money, but if you are currently renting you won't get your current deposit back until you move out, meaning you always need that extra lump-sum of cash available to put down on your next home - just for a deposit!
We offer another solution...
...and secure your new home with a small, one-off check-in fee of just 1 weeks rent, saving you £££'s!
Compare how much less you could pay here.
Once you have completed your referencing with Canopy, we will apply to Flatfair on your behalf by simply submitting your reference report. This means that you will not need to complete another reference.
Flatfair will then review your reference report and, if you meet their own referencing criteria, you will be accepted for No Deposit and will receive an email from Flatfair to choose your preferred deposit option (a refundable tenancy deposit or Flatfair No deposit) and make payment.
Please note that if you choose to pay a refundable tenancy deposit, you will still need to make payment to Flatfair who will then register your deposit with MyDeposits on our behalf.
*Flatfair No Deposit is only available on selected properties. To qualify, tenants, and guarantors where applicable, must be fully referenced by a third party referencing provider meeting Flatfair's referencing criteria. Flatfair No Deposit is not an insurance product meaning you will still be responsible for any end of tenancy charges such as cleaning, damages or unpaid rent. Flatfair's No Deposit check-in fee is non-refundable.
If Flatfair No Deposit is not available on the selected property, if you do not meet the Flatfair's referencing criteria to use No Deposit - or if you simply prefer - you can pay a refundable tenancy deposit of five weeks rent.
Some tenants actually prefer this option given that, although the Flatfair's No Deposit check-in fee is much lower, it is non-refundable.
Tenancy deposits are legally protected by MyDeposits, a government-backed tenancy deposit protection scheme, who hold and protect your deposit until you move out.
You should still pay your tenancy deposit to Flatfair who will register your tenancy deposit with MyDeposits on our behalf. Once registered, you will receive a certificate and other information as proof of registration.
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Fika Co-Living Limited is a company registered in England and Wales | Registered Address: Station House, North Street, Havant, Hampshire, England, PO9 1QU
Registered Number: 11104777 | VAT Number: 438987821 | Members of the Property Redress Scheme (PRS027320) and Client Money Protect (CMP008727)
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