Excellent
4.6 out of 5
Representative example: Based on an amount of credit of: £1,000. Term: 90 days. £69 upfront fee (fixed). Repayments: 1 repayment of £1,000. Total amount payable: £1,069. Interest rate 0% p.a. (fixed). Representative 28% APR.
Tell us about yourself, your existing deposit and your move. If it all checks out, you're good to go.
After you pay the transfer fee and any top-up, we'll pay your new deposit directly to your new letting agent.
You have 90 days to pay back your loan, which gives you plenty of time to get your old deposit back first.
A deposit transfer is the same as paying in cash, just better.
Delay the expense of your new deposit until you've had a chance to get your old one back. No more double deposits.
The transfer fee is just £69 (that's how we make our money). There is no interest or hidden admin fees.
If you have a deposit protected by one of the three deposit schemes in England and Wales (DPS, TDS and mydeposits), it's eligible for use in a transfer.
We can't approve everyone, but we've done everything we can to make deposit transfers widely available; we only run soft credit searches, and it's free to check if you're eligible.
Unlike deposit alternatives, it's still the same cash deposit they're used to — the only difference is that we pay it instead of you.
Deposit schemes exist to protect tenants from unfair deductions and other abuses. We think this is important, that's why we work with the schemes rather than trying to replace them.
Don’t just take our word for it. See what previous Fronted Deposit customers think.
EL
Elasticpeanut
23 March 2022
Trustpilot
Read more →Made everything so much easier
“Incredibly efficient and friendly. The team was fantastic. They replied to our emails and actioned them within hours, sometimes even within minutes. I would definitely recommend the service if you need a bit more money available in the first month like we did.”
NI
Niara Blommestein
23 Feb 2022
Trustpilot
Read more →This made the madness of moving cross...
“This made the madness of moving cross country much easier, customer service was excellent with prompt answers for any queries that I had. Would recommend to anyone trying to get a deposit.”
GI
Givas
5 Jan 2022
Trustpilot
Read more →A 24 hour turnaround to help me secure...
“A 24 hour turnaround to help me secure my new flat … if you don’t use this … you are missing out.”
Nisa Short
5 Jan 2022
Trustpilot
Read more →Easy to use
“Easy to use, efficient, quick and so helpful. Brilliant company all round a joy to use.”
J.
J. Nunes
8 Dec 2021
Trustpilot
Read more →Best service and support
“They were just the best thing that could've happened to me! It was my first time renting a flat and I had a tight budget, so having their help really changed my life. They have an amazing service, super friendly and trustworthy, and everything was sorted very quickly, it didn't take more than a week to have everything done. I truly recommend them!”
YU
Yuriy Iliev
23 Oct 2021
Trustpilot
Read more →Made my first time renting in UK a breeze
“You guys helped me make better use of my tight budget. So easy to apply and get answer from you. Made my first time renting in UK a breeze. Thank you very much to all your team. Cheers!”
RO
Rohan Satpute
20 Sept 2021
Trustpilot
Read more →Fantastic service
“This was a fantastic service. From application to the approval within 48 hrs and the support is absolutely phenomenal. Amazing work on incorporating the feedback. I could see that they take the service pretty seriously and are happy to help in any regards possible. 100% recommended. In fact, I have already told about the service to a couple of people who were looking to move.”
T
T
27 Jul 2021
Trustpilot
Read more →I was genuinely fronted.
“I was genuinely fronted recently with a deadline to relocate to a new city for a new job and the prospect of having to find a deposit out of thin air. I had run into an emergency earlier in the month resulting in me having to spend my savings on temporary accommodation rather than the deposit it was intended for. I came across Fronted after a...”
JO
Joshua
20 Jun 2021
Trustpilot
Read more →Super easy process
“Super easy process from beginning to end. Had my deposit approved within 24 hours and have sent it to the agents today. It’s such a useful thing to be able to do, removing the financial barrier that prevents a lot of people moving. The interest is really not that much and is affordable, I would think, to all.”
LI
Liam
14 Jun 2021
Trustpilot
Read more →Fantastic customer service.
“Fantastic customer service and a huge weight lifted from my shoulders. I was left struggling to find money for a deposit and rent upfront and fronted helped me to secure my tenancy and funds were sent and received the same day. Would recommend that anyone seeking help for a new property to give fronted a try.”
Jack
May 27th, 2021
Trustpilot
Read more →I had an exceptionally great experience…
“I had an exceptionally great experience with Fronted. Customer support is ⭐️⭐️⭐️⭐️⭐️. They helped us going through the process in every step. Fairly quick too, no complaint. Time to move! 🚚 📦”
Danny
Feb 17th, 2021
Trustpilot
Read more →Completely smashed expectations
“Completely smashed expectations for the process. The process from getting email from agent requesting a deposit to it reaching their account took less than a day. Thank you everyone at Fronted!”
KI
Kia
Apr 21st, 2021
Trustpilot
Read more →Really positive experience so far
“Really positive experience so far, had my deposit approved within the day and when I updated my information I had my final deposit approved within minutes and sent to my letting agency :) I look forward to the next 12 months with them”
TR
Trishana
March 4th, 2021
Trustpilot
Read more →Absolutely great service
“Absolutely great service. Process was straightforward and efficient. Their authenticity and reliability is second none. Great service. Thanks to Lucy for the exceptional service.”
E
E Bennett
March 11th, 2021
Trustpilot
Read more →A easy, fast friendly service
“Where do I start ! Fronted were there to help me when nobody else could. I found the whole process from start to finish pleasant and straight forward. The team was always there to answer any questions in a timely polite manner.”
1
We'll verify you have an existing deposit with one of the three UK deposit protection schemes.
2
Your credit limit will match your existing deposit amount (or your share of the deposit if you live with other people). We'll run a soft credit search to check your eligibility to transfer your deposit.
3
Once you've found your next home and paid the transfer fee, we'll pay your new deposit directly to your letting agent by issuing an interest-free loan. If it's not quite enough, you'll top-up the difference.
4
90 days later, after you've settled into your new home, you'll repay the loan. Giving you plenty of time to ensure the return of your old deposit first.
Over 60% of UK renters pay a new deposit before getting their old one back. This can leave renters £2,500 out of pocket. That ain't right.
Don't live through the double deposit problem. With a deposit transfer, your new landlord gets the money when they want it, and your old landlord holds onto the money until you move out. You sit there feeling smug.
In this article we share how you can transfer your deposit, what it means for renters and all the other reasons to do it.
Learn more
For the first time ever, you can transfer it to your next property. This article gives you the low-down.
Learn more
If you don’t know where your certificate is, or you’re not sure if it was ever sent to you, we've put together a guide to help you find it.
Learn more
Finally, you no longer need to save up for a deposit every time you move. For the first time ever, you can transfer your protected deposit to your next property.
Fronted is a trading name of Fronted Holding Ltd. We are registered in England and Wales (Company No.12278750), registered office address is Fronted, The Fisheries, 1 Mentmore Terrace, London, E8 3PN. Fronted Loans Ltd (Company No.12307305) is authorised and regulated by the Financial Conduct Authority under a Consumer Credit Licence (FCA No. 933316). Fronted Ltd (Company No.12304059) is authorised and regulated by the Financial Conduct Authority under a Broker Licence (FCA No. 933317).
Fronted Loans Ltd and Fronted Ltd is a wholly owned subsidiary of Fronted Holding Ltd. We are part of the FCA regulatory sandbox - Cohort 6. The regulatory sandbox allows firms to test innovative offerings in a live environment. More information on the FCA's regulatory sandbox can be found here.
Made with ❤️ and ☕️ in London