0333 6000 060 Buyers Sellers Rent Landlords New Homes Commercial Land Sales Land & Development Branch Finder About Us No Deposit Renting for Tenants Search Rent a property with no deposit Our £0 Deposit Replacement Scheme allows you the benefit of providing no deposit as part of the initial account prior to the commencement of the tenancy, thus replacing a traditional deposit held in one of the government approved schemes. According to 2018 research by Dlighted, tenants who live in the UK’s largest cities (excluding London) pay an average of £1,407 for their tenancy deposit. What are the benefits of £0 deposit? Allows you to start the rental process quicker, no longer having to save for a deposit Your moving costs are reduced as there is no need for a large upfront deposit to be paid Monies usually tied up in a deposit can be utilised to help with move in costs and things such as furniture for the property No risk of the deposit not being paid back, because there wasn’t one Once agreed, the scheme will remain active until end of tenancy Things to consider The landlord will be expecting the rent to be increased in order to reflect the fact that there is no deposit being paid You remain responsible for all dilapidation costs at the end of the tenancy It is recommended that Tenant liability insurance is taken out by you in advance of the tenancy commencing The landlord must agree to accept £0 Deposit as part of the terms of your offer before the £0 Deposit Replacement Scheme is provided The rent must be paid directly to Chancellors throughout the tenancy and in accordance with the terms of the tenancy More information on how the £0 Deposit Replacement Scheme works can be found in our Terms and Conditions and Guide to Tenants document. Lets With Pets Chancellors are members of the Dogs Trust ‘Lets with Pets’ scheme, ensuring we do all we can to assist pet owners in their search Find Out More Deposit Protection Chancellors is a member of the TDS – an approved scheme. From April 6th 2007 all deposits for new Assured Shorthold Tenancies must be protected by an approved scheme Find Out More 5 days to secure your tenancy You can be assured that we’re working to enable you to secure your tenancy within five days of an offer being agreed. With all our rented properties, you can… Find Out More Follow us on: Popular Searches Our Offices About Chancellors Cookie Policy Privacy and Legal Modern Slavery Statement Property Directory Sitemap Call Charges © Copyright Chancellors 2021 The Chancellors Group of Estate Agents Ltd https://www.chancellors.co.uk