Does anyone have any experience of using this system? I’ve been allocated a mid market rental property with the option of paying the deposit up front or using the deposit free insurance option which means I pay a £80 premium now and at the end of the tenancy any money owed for damages etc is paid by the insurance and I will owe 10% of the amount the insurance company pays.
It seems like an ideal option but im worried there may be hidden problems.
Does anyone have any experience?