Latest News › Smart Deposit Solution

Always striving to offer our clients the very best products and market leading services, bpl is very pleased to offer SMART DEPOSIT SOLUTION - a ZERO deposit option for tenants and a smart option for landlords.

FCC Paragon has recognised the potential problems for both landlords and tenants when it comes to deposits on rental properties. With more and more legislation which landlords have to adhere to for holding tenants deposits and the increasing cost of living which may mean tenants can’t afford the upfront cost of a deposit, we thought it was about time something changed!

The solution works by the tenant successfully passing a full referencing process and paying a one off fee which allows them to move into a property without having to find a large, sometimes unaffordable upfront sum. The landlord is then provided with a Smart Deposit Solution warranty contract which covers him for up to 2 months rental value in dilapidations.

For further details please contact us today on 0121 427 2200

 

Posted on 01 May 2011

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