January 2019: The No Deposit Option has evolved to the Residency tenancy membership.
With the lettings industry and respective government legislations ever changing, Romans is constantly striving to provide our landlords with new and innovative solutions to the industry’s rising demands.
That’s why we have introduced tenants and landlords to our exclusive ‘No Deposit Option’. Through this scheme, our tenants can now opt to pay an affordable, monthly payment as opposed to paying one upfront sum, making the initial cost of moving much more reasonable. Our landlords, on the other hand, can rest assured that properties marketed under this scheme will be indemnified by Romans for the equivalent of eight weeks’ rent – as opposed to the traditional six – offering 33% more financial protection and additional peace of mind.
Romans’ participating landlords are already benefiting from the increased demand this option has created, by receiving higher numbers of tenant applications. As a result, they are letting their properties more quickly and with shorter void periods between tenancy agreements due to the large number of local tenants who can now afford to move with this new option.
If you would like your property to benefit from the extra tenant demand generated by our No Deposit Option, call us today to find out more.