Pay just £69 for your new deposit before you move by transferring your existing one, settle the rest within 90 days.

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.

1. Complete your applicationTell us about yourself, your existing deposit and your move. If it all checks out, you’re good to go.
2. We pay your depositAfter you pay the transfer fee and any top-up, we’ll pay your new deposit directly to your new letting agent.
3. Settle in, and settle upYou have 90 days to pay back your loan, which gives you plenty of time to get your old deposit back first.

Why transfer your rental deposit?

A deposit transfer is the same as paying in cash, just better.

• Eases the cost of movingDelay the expense of your new deposit until you’ve had a chance to get your old one back. No more double deposits.
• No expensive surprisesThe transfer fee is just £69 (that’s how we make our money). There is no interest or hidden admin fees.
• Works with all government-approved schemesIf 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.
• More accessible than other creditWe 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.
• You don’t need letting agent approvalUnlike deposit alternatives, it’s still the same cash deposit they’re used to — the only difference is that we pay it instead of you.
• Preserves your deposit rightsDeposit 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.

Here’s how it works

1

Dig out your current deposit details

We’ll verify you have an existing deposit with one of the three UK deposit protection schemes.

2

Get approved to transfer your deposit

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

We pay your new deposit

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

Repay your balance

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.

Bye-bye double deposits

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.

Learn more about Fronted

Pros of using Fronted
In this article we share how you can transfer your deposit, what it means for renters and all the other reasons to do it.

What you need to know about transferring your deposit
For the first time ever, you can transfer it to your next property. This article gives you the low-down.

How to find your deposit information
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.

Pay your new deposit using your old one

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.