You don’t need an alternative to cash deposits.
Fronted's Deposit Transfer is a short-term bridging loan. It gives your tenants the ability to transfer the deposit from their old property to a new one when they want to move.
Excellent
4.5 out of 5
How Fronted works
Your tenant applies
We verify their details and their existing deposit via a simple API.
We send you the entire deposit
We bridge the gap between old and new deposits, sending the full amount to you immediately, including any tenants' top-ups.
You protect the deposit
Like regular deposits, the money ends up in your account to protect in a deposit scheme.
Offer deposit credit, with no compromises
1
Embedded into your workflow
With a few lines of code you can embed Fronted as a payment option in your pre-tenancy website or app and support the seamless transfer of rental deposits.
2
Run instant eligibility checks
Our API allows you to run eligibility checks on prospective tenants for a deposit transfer.
3
No workflow changes
Unlike ‘no deposit’ products, a deposit transfer doesn’t add work to agent’s already busy schedules. Money for the deposit arrives in the right back account within 1 working day.
For Agents & Landlords
A cash deposit in your bank account.
No change to your deposit process.
A product that tenants understand.
No insurance policies to deal with.
40% of tenants want to use the service.*
Housing Act compliant.
Reduce the cost of a deposit to £69.
Earn commission on every transfer.
For Your Tenants
Significantly lower cost than alternatives.
A cash deposit protected in a scheme.
Money transferred within one working day.
No three-way agreement required.
Three months to settle the balance.
Available for deposits up to £3,000.
A transfer fee of just £69.
0% interest on the loan.
Deposit innovation without disruption
Fronted fits into well-established workstreams. There is no insurance policy to get your head around and no new processes to adopt. Just tell us where to send the money.
Little to no set-up required.
If you can handle cash payments for deposits, you can get set up with Fronted in no time.
The easiest way to move.
Hassle-free application for tenants and deposits transferred within 24 hours.
Integrate with Fronted for even smoother moves.
No change necessary to your existing workflow. For a more seamless experience, you can use our transfer API.
Earn commission on every transfer.
Over 30% of tenants who see Fronted want to use it, and we approve 70% of applications.
Don’t just take our word for it
Here's what recent customers are saying.
G.
G. Simmons
15th June
This is a gamechanger in the rental market
“Everyone was friendly, helpful and explained everything clearly. this is a gamechanger in the rental market after renting for 12 years and always having to find or keep back a deposit and having to wait to get your deposit back. It's made my last move so easy and less stressful!”RE
Renter
14th June
My signing up process was convenient and easy
“Locating my deposit certificate was not a challenge as I had online access to information pertaining this. Therefore forwarding the information to fronted was easy. All in all the process was user friendly and customer friendly.”T.
T. Laszlo Turi
30th May
It was really easy and everything was fast
“I originally wanted to use the Zero Deposit Scheme, which was not accepted by my new landlord, so I found Fronted when I searched for alternatives. It was really easy and everything was fast, even though I was not in a hurry, I was able to do everything in a couple of days.”
A deposit alternative, without the alternative.
How we stack up against deposit alternatives
| Fronted | Flatfair | Reposit | Zero Deposit | |
|---|---|---|---|---|
| Up-front cost | £69 0% interest | 1 weeks rent or £120, whichever is greater | 1 weeks rent Plus an annual fee of £30 | 1 weeks rent Plus a £69 set up fee |
| No more fees to tenant | Yes | No | No | No |
| Government protection | Yes | No | No | No |
| Cash-money | Yes | No | No | No |
| Sold direct to tenants | Yes | No | No | No |
Frequently Asked Questions
Partners
Start offering deposit transfers
Offer a deposit transfer to every renter and reduce the upfront cost of their deposit.
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.
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