No more hassle with NoPosit!
We noticed that the cost of moving into a student home was rising sharply. Seldom can a student afford before moving in a hefty deposit as well as several weeks' rent in advance. So, here is NoPosit. The simple easy alternative to paying a chunk of your hard-earned cash as a deposit. This puts more money in your pocket at the start of the academic year for all those student essentials, Books, Study Materials And Freshers Nights Out!
NoPosit is a hassle-free alternative to a traditional deposit, providing an opportunity to secure your house for an initial payment of just £25. NoPosit is a non-refundable fee, however, it is much smaller than a traditional deposit. In total, the NoPosit is £150, however, you only pay £25 when you sign the tenancy agreement and a further £25/month is collected for 5 months via direct debit. NoPosit removes the hassle of waiting for the deposit to be returned at the end the tenancy and distributing it amongst your housemates and provides a host of additional benefits worth well over £100.
We thought that the benefits would be straight forward. Pay less for deposit and keep more money in your pocket. However, we thought that we could do better. So NoPosit also includes...
- £3000 worth of personal items cover
- £2000 laptop cover
- £500 tablet cover
- £200 emergency purchases in the event of fire damage
- £5000 accidental damage cover to Landlord fixtures and fittings
- Exclusive Discounts at the coolest place in town - currently 25% off coffee + special discounts exclusive only for NoPosit tenants
|Price||6 x £25=£150 (payments spread over up to 6 months)||£350|
|Payment plant||first £25 when signing the tenancy agreement and direct debit for 5 months of £25/month||All £350 when signing the tenancy agreement|
|After the tenancy||No deductions, therefore no waiting and guessing how much of the deposit will be returned*||Deposit deductions can take time to resolve and when refunded, it goes to the Lead Tenant to be distributed amongst all the tenants.|
|Extras||Exclusive discounts in the coolest place in Lancaster - Cappuvino Bar & Coffee Roasters||-|
*Tenant is still liable for damage and cleanliness of the property
**Terms and conditions apply (click here)
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