The short answer is no.
Tenants face a lot of up-front costs when moving into a new home. That's why we're offering them the opportunity to rent a home without paying a security deposit when they sign a lease through us.
What does it mean for me (landlord) if my tenant chooses to rent deposit-free?
For you, as a landlord, it makes no difference if your tenant chooses to rent deposit-free or not. If damages occur during the rental period, you simply make a claim to us and get compensated for the damage if the tenant is found responsible.
What does it cost?
For you, as a landlord, there is no cost. For the tenants, there are no up-front costs for selecting deposit-free, instead, 2% of the monthly rent will be added to their monthly rent invoices. It does not affect the amount you, as the landlord, receive.
What does my tenant need to do to rent deposit-free?
In order to use this service the tenant needs to pass a credit check via UC.
When you sign your lease, we'll perform a "micro check" using the tenant's personal number. If the credit check is approved, the tenant can select deposit-free after the lease has been signed.