New Smart Deposit Solution offers landlords and agents an alternative to Tenancy Deposit Protection Schemes.
FCC Paragon, part of the Paragon Advance group of companies, has launched a system called 'Smart Deposit Solution' which is a warranty product developed in recognition of the growing legislation which landlords have to adhere to and the increasing cost of living which may mean tenants can’t afford the upfront cost of a deposit. It is also very timely with the Tenants Deposit Protection Scheme having put their prices up by up to 1000%, increasing some agents and landlords costs from a few hundred pounds to £5-6k irrespective of how many disputes they have had.
Read on to find out more about the new Smart Deposit Solution.
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