What happens if the rent increases?

When a tenant has lived in a property for a while, sometimes a landlord may decide to increase the rent. For traditional deposits, tenants are not expected to top-up their initial deposit amount and flatfair’s No Deposit works in a similar way.

This means that increasing your rent at an existing flatfair property would not increase your flatfair No Deposit, unless a new No Deposit plan was taken out by the tenants as part of signing a new tenancy agreement.