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No upfront deposit, move quicker and have 6 weeks of deposit protection

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NO DEPOSIT SOLUTION for Renting

No more need for large upfront payments when renting a property


Our No Deposit Solution protects both the tenant and the landlord, it also means tenants can move into a home they've set their sights on without having to worry about that large, potentially unaffordable deposit.

Prospect has carefully reviewed and assessed countless 0% deposit products on the market and have selected this solution because it provides the fairest level of protection for both tenants and landlords.

Just like a traditional deposit, our No Deposit Solution covers the property and renter for costs such as cleaning, gardening, damage (fair wear and tear), unpaid rent and if required, removal of old belongings.

Our No Deposit Solution will help tenants find their dream rental property quicker and with less hassle. If you're a landlord, and would like to have more tenants interested in your property, click below to request your free lettings valuation.

How does our No Deposit Solution help you?

The ultimate no deposite solution that benefits both tenants and landlords


Benefits for Tenants

  • Don’t have to save a large deposit
  • No waiting for deposit to be released from previous tenancy
  • No large upfront deposit to pay, simply monthly payments of 3.5% +VAT of your monthly rent and a small monthly payment for Tenant Liability Insurance (this covers you when you move out)
  • Move into your home faster
  • Move out at the end of the tenancy without the worry of having to wait for your deposit to be repaid

Benefits for Landlords

  • Offers equivalent protection as a traditional deposit
  • There is no cost to you
  • Moving costs are reduced for tenants, so by offering the No Deposit Solution your property will be more attractive to a wider range of tenants
  • Tenants could move into a property quicker, meaning less void periods
  • It’s simple to understand and is quick and easy to purchase
  • Any unchallenged claims are paid within 30 days
  • Sums due to you as compensation for any breaches of the tenancy agreement by the tenant
  • The sum insured is equivalent to one and a half months' rent

Prospect Reviews from our customers

read some of our customer reviews and see hundreds more on Trustpilot!


Used prospect to let my house out and for advice on investments. Spoke to Jordan he was excellent and was very pro-active. I have just brought another property now and they are both managed by prospect. Great lettings team, great service.
- Mr DS.

Prospect Estate Agency helped me to buy my property and subsequently they let it for me too. I have found everyone at Prospect to be very personable and professional. I would highly recommend Prospect to anyone else looking to buy, sell or who needs to rent out their property.
- Mrs CD.

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