Sometimes a five week traditional deposit alone doesn’t provide landlords with enough protection against unanticipated damage. Imagine a situation where your tenant leaves the property in a bad state with incomplete cleaning, gardening and excess damage. Landlords could be out of pocket to the tune of thousands of pounds for months whilst they try to pursue the tenants through the courts or through lengthy and time consuming insurance claims. We found that it takes the average landlord two months to be paid out for any end of tenancy charges.
With Boost, landlords benefit from additional protection against damages and dilapidation costs, including cleaning and gardening, for the value of up to six weeks rent and receive their end of tenancy charge payments within one working day of the charges being agreed.
Please contact firstname.lastname@example.org if you want to know more about increasing your protection with our deposit Boost solution.