We've launched the first Lifetime Deposit!

Over the past few months, we've been working on a new type of deposit for renters. If you've been reading our blog or following us on social media, you'll probably know where this is going.

Today, renting just got a lot better. We've launched the first Lifetime Deposit, and we couldn't be more excited.

If you're after the short of it, here it is: we've built a new kind of deposit – one that you get to keep when you move. Basically, rather than having to fork out for a new deposit every time you move, you can now just use your existing one. We think that's pretty sweet.

The best bit? It only takes a few minutes to get started.

Today's launch is a huge milestone for the team, and it's also yet another big step we're taking to solve one of the UK's biggest problems - renting.

We know this is going to be revolutionary for renters across the UK—and if you plan on moving soon, we'd love for you to try it out and let us know what you think.

You can learn more about Lifetime Deposits on our homepage, or by reading our guide on What you need to know about Lifetime Deposits.

About the Lifetime 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 Fronted Lifetime Deposit, 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 how a Lifetime Deposit works, or get started with your Lifetime Deposit.