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What is Zero Deposit?

The Zero Deposit option has become a popular choice for renters who value flexibility in their housing arrangements. If you're looking for a rental that doesn’t require a significant upfront deposit, your quest can conclude here! We make it easier to discover your perfect home with a forward-thinking alternative to the standard deposit system. Instead of the usual security deposit, tenants can benefit from a Zero Deposit Guarantee that ensures their peace of mind. This method not only simplifies the renting journey but also enhances affordability, enabling you to move into your new place without the anxiety of paying a full month's rent plus a security deposit upfront. Our straightforward no deposit solution only asks for an equivalent of one week's rent alongside a minimal annual administrative fee of £26, making it a sensible option. The Zero Deposit scheme is distinguished as the sole deposit replacement program supported by 79% of the UK's top estate agents who have embraced a deposit-free alternative, and it comes with the endorsement of the FCA. In addition, our partnership with The Dispute Service guarantees that your interests are safeguarded, allowing you to confidently transition into your new residence. Ultimately, this groundbreaking approach empowers tenants to reap the rewards of renting while avoiding the usual financial pressures tied to conventional deposit requirements. With this innovative solution, you can focus more on enjoying your new home and less on financial burdens.

What is Hammock?

Managing rent payments for both individual tenants and HMOs has become significantly more straightforward. You will receive notifications for both incoming and missed payments, with rental transactions seamlessly linked to their respective tenants and properties. Hammock allows you to easily reconcile your financial transactions from anywhere, at any time. Automatically generated detailed statements for each property facilitate quick reviews or can be shared effortlessly with your accountant. Hammock transforms individual transaction data into immediate, actionable insights, empowering you to monitor and improve the performance of your investment portfolio. Through the Hammock dashboard, you can effortlessly view real-time key performance indicators for your entire portfolio. Essential information such as your Profit and Loss statement, Loan To Value ratio, and Arrears Balance for each tenant is available with a simple click. Furthermore, Hammock simplifies the process of identifying any approaching deadlines, unexpected expenses, or occupancy issues linked to your properties. This feature keeps you well-informed about which property requires your attention, enhancing your ability to manage your investments effectively. As a result, you can maintain a proactive stance and make well-informed decisions regarding your real estate management, ultimately leading to better outcomes for your portfolio. Moreover, the platform’s user-friendly interface ensures that even those new to property management can navigate and utilize its features with ease.

Media

Media

Integrations Supported

Propoly

Integrations Supported

Propoly

API Availability

Has API

API Availability

Has API

Pricing Information

$6.90 per month
Free Trial Offered?
Free Version

Pricing Information

$6.91 per month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Zero Deposit

Date Founded

2016

Company Location

United Kingdom

Company Website

www.zerodeposit.com

Company Facts

Organization Name

Hammock

Date Founded

2019

Company Location

United Kingdom

Company Website

www.usehammock.com

Categories and Features

Categories and Features

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