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Question #96

What is the difference between a cash deposit & zero deposit?

A cash deposit is a 5 week deposit which would be returned to you at the end of the tenancy (subject to a satisfactory check-out report and no damages). Zero deposit replaces this 5 weeks deposit (fees apply) with a policy that provides 6 weeks of deposit cover. Tenants will still need to pass the referencing process regardless of which option they take.

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#96

Answered by

Lauren Burkin

Residential Tenants

Lauren has over 20 years experience of residential lettings at the Acorn Group. She is fully Arla-qualified, and has a detailed knowledge of the rental market from first time renters to experienced landlords.