De-Posit is a modern alternative to traditional rental deposit, using secure pre-authorisation so tenants can move in without paying a large upfront cash deposit.
No. De-Posit is not insurance. Instead of holding a cash deposit, we use a secure pre-authorisation on the tenant’s bank account. This is only actioned if valid charges arise, such as damages or unpaid amounts during or at the end of the lease.
If eligible charges arise, De-Posit manages recovery through the tenant’s secure pre-authorisation, using a structured, evidence-based process that ensures fairness, transparency, and accountability.
Landlords remain free to manage deposits in their preferred way, but De-Posit uniquely provides secure pre-authorisation, automated settlement, and structured protection for landlords and tenants.
If valid charges exceed the cover amount, the tenant remains responsible for the balance. De-Posit securely recovers the covered portion and ensures a clear, fair, and fully documented resolution process.
Landlords
De-Posit is a modern alternative to traditional rental deposit, using secure pre-authorisation so tenants can move in without paying a large upfront cash deposit.
No. De-Posit is not insurance. Instead of holding a cash deposit, we use a secure pre-authorisation on the tenant’s bank account. This is only actioned if valid charges arise, such as damages or unpaid amounts during or at the end of the lease.
If eligible charges arise, De-Posit manages recovery through the tenant’s secure pre-authorisation, using a structured, evidence-based process that ensures fairness, transparency, and accountability.
Landlords remain free to manage deposits in their preferred way, but De-Posit uniquely provides secure pre-authorisation, automated settlement, and structured protection for landlords and tenants.
If valid charges exceed the cover amount, the tenant remains responsible for the balance. De-Posit securely recovers the covered portion and ensures a clear, fair, and fully documented resolution process.
Tenants
De-Posit replaces cash deposits with secure bank pre-authorisation. Tenants avoid large upfront payments by agreeing to a defined cover amount on their account. Landlords receive fast approvals and reliable protection, with funds only accessed if legitimate lease-related charges occur. Smart protection, without locking up cash.
De-Posit removes the burden of large upfront deposits, making move-in more accessible and affordable for tenants. At the same time, landlords benefit from clear, structured protection against eligible damages or unpaid charges. The entire process is managed independently, reducing administration and ensuring a seamless experience for both parties.
Tenants remain responsible for any eligible charges at move-out, such as damages or unpaid amounts. De-Posit settles approved charges using the secure pre-authorisation on the tenant's bank account, instead of requiring a cash deposit upfront. If charges exceed the cover amount, the remaining balance must be settled directly or with De-Posit’s assistance.
De-Posit does not impact your credit profile under normal circumstances. Only in cases of non-payment, cancellation of the payment mandate, or unresolved outstanding charges may the matter be reported to credit bureaus. Any reporting follows a clear and documented default process.
Eligibility is based on your application details and rental history. Simply complete the application, and De-Posit will guide you through a quick and straightforward process.
